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Sagarmala Project

“Sagarmala / Ocean Necklace” initiative announced by then Prime Minister of India 15th August, 2003. “Our coastal area can be a channel for global trade…” –Narendra Modi,The Prime Minister of India, Maiden Speech to Parliament. Sagarmala is a project unveiled by the Modi govt that aims to accelerate economic development by harnessing the potential of India's 7,500 km coastline.The project holds significance in the wake of maritime logistics being an important component of the Indian economy accounting for 90 per cent of EXIM trade by volume and 72 per cent of EXIM trade by value Ports capacity in India is close to about 1,400 million tonnes. A total value of about 1 billion tonnes of cargo is handled across over 200 ports including the Centre-owned 12 major ports. On 25 March 2015 Cabinet gave approval for this project to develop 12 ports of India and also 1208 Islands.

India is richly endowed with natural maritime advantages with a 7,500 km coastline covering 13 states and union territories, a strategic location on key international trade routes and 14,500 km of navigable and potentially navigable waterways.

7,500km of coastline spanning 13 maritime States and Union Territories 20% of India’s population lives in coastal areas Contribution of Maritime States to Indian GDP:~60% (as of 2012-13)

India has 12 major ports and about 200 non-major ports ~95% of India's trade by volume and 70% by value takes place through maritime transport Cargo traffic expected to grow from 976 MMT in 2012 to 1,758MMT by 2017

Increase competitiveness of core industry and manufacturing: savings in input cost for power and steel Utilize national resources: Increase volume of inland waterways and coastal shipping IT enabled National multimodal logistics plan Coastal Roads through maritime states Maritime services clusters e.g., for ship building port based smart cities & marine cluster World-class transshipment port

Integrating the coastal economy with the ports through development of Coastal Economic Regions & projects with synergies to Coastal Industrial Corridors

Development of port-based smart cities and other urban infrastructure to improve standards of living

Maritime Sector & Infrastructure Development Modernization/capacity expansion of existing ports and creation of greenfield ports to reduce bottlenecks for future growth Development of port evacuation (road/ rail/inland waterways) and logistics infrastructure to reduce overall logistics cost and to increase cargo movement to-and-from the hinterland Development of maritime sector leading to new economic activity in the region - E.g. Ship Building and Repair Cluster

Contribution of Maritime States to Indian GDP: ~60% (as of 2012-13)

~95% of India's trade by volume and 70% by value takes place through maritime transport

Cargo traffic expected to grow from 976 MMT in 2012 to 1,758MMT by 2017

Focus Areas of Sagarmala Project

Port Led Development

  • Undertake development of Coastal economic zones with projects like- port based industrialization, coastal tourism, Logistics parks, warehousing, fisheries etc.

Port Infrastructure Enhancement

  • Action points on transforming existing ports into world class ports by developing deep drafts, mechanization of existing berths, creation of new capacity & greenfield ports

Efficient Evacuation

  • Expansion of rail / road network / inland waterways connected to ports & identification of congested routes
  • Find optimized transport solution for bulk and container cargo

Maritime Sector & Infrastructure Development

Modernization/capacity expansion of existing ports and creation of greenfield ports to reduce bottlenecks for future growth

Development of port evacuation (road/ rail/inland waterways) and logistics infrastructure to reduce overall logistics cost and to increase cargo movement to-and-from the hinterland

Development of maritime sector leading to new economic activity in the region - E.g. Ship Building and Repair Cluster

CIN : U72200KL2011PTC027825

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