Sagarmala Programme

Sagarmala Programme 

Launch & Vision:

• Launched: March 2015 by Ministry of Ports, Shipping & Waterways (MoPSW).
• Aim: Transform India’s maritime sector via port modernization, connectivity, coastal economic development, and logistics efficiency.
• Coastal advantage: 7,500 km coastline, 14,500 km navigable waterways.
• Vision 2047 alignment: Maritime Amrit Kaal Vision (MAKV), with targets like 4 million GRT shipbuilding capacity, 10 billion MT port handling annually.

Projects & Investments:

• Total projects identified: 839 worth ₹5.79 lakh crore; 272 completed (₹1.41 lakh crore invested).
• Sagarmala 2.0: ₹40,000 crore budgetary support; aims to leverage ₹12 lakh crore investment over next decade.

Key Achievements:

• Coastal shipping growth: 118% over last decade.
• Inland waterway cargo: 700% increase.
• Ro-Pax ferries: 40 lakh+ passengers benefited.
• Ports globally ranked: 9 Indian ports in top 100, Vizag in top 20 container ports.

Components/Pillars:

1. Port Modernization & New Port Development
2. Port Connectivity Enhancement
3. Port-Led Industrialization
4. Coastal Community Development
5. Coastal Shipping & Inland Waterways Transport

Initiatives:

• Sagarmala Startup Innovation Initiative (S2I2): Supports RISE (Research, Innovation, Startups, Entrepreneurship) in maritime tech.
• Funding: PPPs, Grants-in-Aid, Internal & Extra Budgetary Resources, Equity via SDCL.
  
  
                          
  
  

Updated - 27 MAR 2025 7:51 PM | PIB