MoPSW Notifies on the Major and Minor Ports on PPP Model in India

The Ministry of Ports, Shipping, and Waterways (MoPSW) has announced new guidelines for developing major and minor ports in India under the Public-Private Partnership (PPP) model. This strategic initiative aims to enhance the efficiency, capacity, and modernize India’s port infrastructure. The new policy is designed to attract private investments and foster innovation, as the government seeks to improve port operations and reduce dependency on public funds.

Under the PPP model, private players will be responsible for constructing, operating, and maintaining port facilities for a specified period. This will not only speed up the development of new port facilities but also improve operational standards at existing ports. The initiative is expected to enhance India’s maritime logistics capabilities, boost exports, and contribute significantly to the overall growth of the national economy. With improved port infrastructure, India aims to become a global maritime hub and attract international trade and investment.