Archive · 27 Jan 2026
Ports Expand with Major Projects
The head of Visakhapatnam Port, Dr. M. Angamuthu, announced that the port aims to reach a turnover of 100 million by the end of the financial year 2026-27.
He mentioned that the port is already working on big projects worth Rs 1,500 crore in 2025-26 to improve its systems.
The port is also moving some of its cargo operations to Mulapeta Port and is involved in shipbuilding at Dugarajapatnam.
The port is focusing on using renewable energy and working with private companies to grow.
All these efforts are part of the Prime Minister’s plan to make India stronger and more developed.
Additionally, Shipping Secretary Vijay Kumar inaugurated and laid the foundation for projects worth ₹54.27 crore at the Chennai Port, including the Andaman & Nicobar Passenger Terminal and a Vessel Traffic Monitoring System.
Visakhapatnam Port aims for a 100 million turnover by the end of FY 2026-27.
The port is investing Rs 1,500 crore in 2025-26 for infrastructure improvements.
Key initiatives include PPP projects, green energy adoption, and cargo operations shift to Mulapeta Port.
VPA is a key partner in the shipbuilding initiative at Dugarajapatnam.
The port's developments align with the Prime Minister’s ‘Viksit Bharat’ vision.
- Who
- Visakhapatnam Port Authority (VPA) Chairman Dr. M. Angamuthu, Shipping Secretary Vijay Kumar
- What
- Announced a 100 million turnover target for FY 2026-27 and ongoing projects worth Rs 1,500 crore, inaugurated and laid foundation for projects worth ₹54.27 crore at Chennai Port
- When
- During the 77th Republic Day celebrations, January 27, 2026
- Where
- Visakhapatnam Port and Chennai Port, India
- Why
- To strengthen infrastructure and align with the Prime Minister’s ‘Viksit Bharat’ vision
- Target Turnover
- 100 million by 2026-27
- Current Investments
- Rs 1,500 crore in 2025-26
- Key Initiatives
- PPP projects, green energy adoption
- Expansion Plans
- Shifting cargo to Mulapeta Port, shipbuilding at Dugarajapatnam
- Vision Alignment
- Prime Minister’s ‘Viksit Bharat’ vision
- Chennai Port Projects
- ₹54.27 crore
- Andaman & Nicobar Passenger Terminal
- ₹29.8 crore
- Indigenous Vessel Traffic Monitoring System
- ₹22.58 crore
- Channel Buoys and Navigational Aids
- ₹0.39 crore
- Port Gate 2 Renovation
- ₹1.5 crore
