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India will invest ₹6 lakh crore in port projects by 2035: PM Modi

To increase share of clean renewable energy source in maritime sector, develop waterways, augment seaplane services, India will invest 6 lakh crore in port projects by 2035, Prime Minister Narendra Modi said on Tuesday.

“More than 574 projects at a cost 6 lakh crore have been identified under the Sagarmala project for implementation during 2030 and 2035… We will encourage private investment in the port sector… India’s long coastline awaits you. India’s hardworking people await you,” Modi said.

While urging players to invest in Indian ports, shipyards and waterways, Modi said, “Invest in our ports. Invest in our people. Let India be your preferred trade destination. Let…

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