Proposed major ports may see Rs 2,000 crore

The two new major ports announced in the Union Budget would attract an investment to the tune of Rs 2,000 crore, said industry experts.

The ports have been proposed at Sagar, West Bengal, and in Andhra Pradesh, and would add 100 million tonne capacity.

Earlier the shipping ministry officials had said Nellore, Visakhapatnam and Vijayawada had been shortlisted to set up the port in Andhra Pradesh.

Besides, a new outer harbour will be developed in the VOC port at Thoothukkudi, Tamil Nadu, through public-private partnership at an estimated cost of Rs 7,500 crore. When completed, this will add 42 million tonne capacity. At present, 13 ports comes under the shipping ministry and are classified as major ports.