The proposed project is estimated to cost Rs 20 crore and seeks partial funding assistance under the central government's Sagarmala Scheme
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Cochin Port led the growth with a 24.77 per cent increase in cargo traffic, followed by Visakhapatnam Port at 10.80 per cent and Jawaharlal Nehru Port (JN Port) at 9.07 per cent
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The total project cost is Rs 76,220 Crore, including the land acquisition component, development of core infrastructure, terminals and other commercial infrastructure in public-private partnership (PPP) mode
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The Ministry of Ports, Shipping and Waterways has submitted a monetisation pipeline of Rs 10,000 crore to NITI Aayog, the central think tank and nodal government body for asset monetisation
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The dwell time for transhipment almost halved at large Indian ports while at the same time increased by more than 45 per cent at counterparts in Southeast Asia and China, the S&P Global Market Intelligence
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