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Machilipatnam Port anticipated completion date set for October 2025
In a significant update on India’s maritime infrastructure, Sarbananda Sonowal, Minister of Ports, Shipping, and Waterways, presented a detailed overview of ongoing developments and investments in Andhra Pradesh during a parliamentary session today. This announcement underscores the government’s commitment to enhancing port infrastructure and maritime skills.
Machilipatnam Port: A Landmark Project
The construction of the Machilipatnam Port, which commenced on April 21, 2023, is progressing with an anticipated completion date set for October 2025. Although not part of the central government’s Sagarmala Scheme, this ambitious project is being supported by a substantial term loan of ₹3,940.42 crores from the Power Finance Corporation (PFC). The loan is directed to the Machilipatnam Port Development Corporation Limited (MPDCL), a subsidiary of the Andhra Pradesh Maritime Board (APMB).
Investment and Progress in Andhra Pradesh
The Visakhapatnam Port Authority, in collaboration with the Inland Waterways Authority of India (IWAI), is spearheading 36 projects in Andhra Pradesh, with a total investment of ₹4,600 crores. Out of these, 22 projects worth approximately ₹2,530 crores have been completed, and 14 projects, valued at ₹2,070 crores, are currently underway. Notably, an International Cruise cum Coastal Terminal has been established at Visakhapatnam Port, catering to both international and domestic passengers.
Growth in Port Capacity
India’s port capacity has seen remarkable growth, reaching over 2,500 Million Tonnes Per Annum (MTPA) in the fiscal year 2022-23. This marks an impressive 86% increase from 2014-15, with the cargo handling capacity at Major Ports doubling during the same period. These achievements highlight the government’s continuous efforts to enhance port infrastructure and operational efficiency.
Advancements in Maritime Education and Skills
As part of the Sagarmala initiative, two Centres of Excellence in Maritime and Shipbuilding (CEMs) have been established in Mumbai and Visakhapatnam, with the latter being the first of its kind in Asia. Located within the Indian Maritime University, the Visakhapatnam campus features 18 state-of-the-art laboratories and has trained over 10,000 students in employable engineering and technical skills, further strengthening India’s maritime workforce.
Challenges and Future Directions
While these developments mark significant progress, challenges remain. The integration and efficient operation of new ports and terminals require ongoing attention to ensure smooth implementation and operational excellence. Additionally, the alignment of state and central maritime initiatives and addressing the evolving needs of stakeholders will be crucial for sustaining growth and achieving long-term objectives.
The government’s proactive approach in advancing maritime infrastructure and education underscores its commitment to bolstering India’s position as a key player in the global maritime industry.