Archive · 25 Sep 2025
Paradip Port Aims for Investment and Maritime Growth
India is planning a big event called India Maritime Week to boost its shipping industry.
A port in Odisha, Paradip, is trying to attract investors and promote this event.
They want to modernize ports, build new ones, and create a shipbuilding hub.
Odisha hopes to increase its port capacity significantly by 2047, aiming to handle much more cargo.
The state is also working on cruise terminals and other projects to become a major maritime center, attracting both domestic and international business.
Paradip Port expects over ₹1 lakh crore in investment.
A shipbuilding hub is planned for Kendrapara district.
A cruise terminal is planned for Puri.
IMW 2025 will be held in Mumbai from October 27-31.
Odisha aims to expand port capacity to 500 MTPA by 2047.
- Who
- Paradip Port Authority and Odisha government officials
- What
- Promoting India Maritime Week (IMW) 2025 and Odisha's maritime development plans.
- When
- Wednesday
- Where
- Bhubaneswar
- Why
- To build momentum for IMW 2025 and attract investment in Odisha's maritime sector.
- Event
- India Maritime Week (IMW) 2025
- Location
- Mumbai
- Dates
- October 27-31
- Organizers
- Paradip Port Authority, MoPSW
- Paradip Port Investment Target
- Over ₹1 lakh crore
- Odisha Port Capacity Target
- 500 MTPA by 2047
- Paradip Port Cargo Handling
- 150.41 MMT (record)