NewsStory
Sonowal seeks investors for proposed Dugarajapatnam shipbuilding cluster
KROV newsroom
DiscussionThe story behind the news.
Opening story…
కథనం తెరుస్తున్నాం…

Union Ports, Shipping and Waterways Minister Sarbananda Sonowal invited shipbuilders and other investors to take part in a proposed shipbuilding cluster at Dugarajapatnam in Andhra Pradesh. Speaking at the CII Partnership Summit in Visakhapatnam on November 12, he said the project had received in-principle approval under the National Shipbuilding Mission, according to the Press Information Bureau (PIB), Vijayawada.
The minister put the estimated investment at about ₹30,000 crore. He said a special purpose vehicle involving the Andhra Pradesh Maritime Board and Visakhapatnam Port Authority had been formed for the project. The release did not specify a construction start date or identify any investors who had committed funding.
Sonowal presented the proposal as part of a wider push to expand Andhra Pradesh’s maritime industry. He also pointed to four separate port projects under construction at Mulapeta, Machilipatnam, Ramayapatnam and Kakinada.
More context. A clearer perspective.
Loading comments…
KROV · CONVERSATION
Comments
Share your perspective respectfully. Comments appear after review. Please do not share personal information.