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India launches Sagarmala 2.0, a $5 billion maritime plan to boost shipbuilding and modernize ports.
India launched Sagarmala 2.0, a major maritime initiative aimed at revitalizing the shipbuilding industry and enhancing port infrastructure with a budget of ₹40,000 crore.
The plan includes establishing five ship-building clusters and aims to attract ₹12 trillion in investments over a decade.
It also emphasizes port modernization and connectivity, having already added 230 million tonnes of capacity and 1,500 km of connectivity.
The initiative supports 839 projects and includes a startup innovation program for green shipping and smart ports.
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India lanza Sagarmala 2.0, un plan marítimo de $5 mil millones para impulsar la construcción naval y modernizar los puertos.