The Indian government is allocating Rs 101.72 crore to transform Goa’s Mormugao Port into a significant cargo and cruise center as part of the Sagarmala Scheme. This initiative, announced by Union Minister Sarbananda Sonowal in Parliament on December 17th, aims to bolster India’s shipping industry.
The project entails several key components. These include the development of new terminals and expansion of existing ones to accommodate the growing cargo and cruise traffic. Additionally, infrastructure upgrades will enhance port efficiency and capacity by improving equipment and facilities. The initiative also focuses on enhancing port connectivity through inland waterways, such as ferry and Ro-Ro services, to facilitate smoother operations.
Furthermore, the government is keen on promoting cruise tourism by developing dedicated cruise terminals and offering attractive packages to tourists. By investing in Goa’s maritime infrastructure, the government seeks to stimulate economic growth, generate employment opportunities, and elevate India’s standing as a prominent global maritime hub. This strategic investment underscores the government’s commitment to fostering sustainable development and progress in the maritime sector.
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