Key Points
Prime Minister Narendra Modi on Wednesday said Indian ports have achieved double-digit annual growth in the past 10 years and beaten many developed nations in ship turnaround time...
"Today, the situation has changed," the PM said after inaugurating three major infrastructure projects worth over Rs 4,000s crore in Kochi...
The projects included a new dry dock and international ship repair facility and International Ship Repair Facility (ISRF) at Cochin Shipyard, and LPG Import Terminal of Indian Oil Corporation..
These projects, an official statement said, are in line with the PM's vision to transform India's ports, shipping, and waterways sector, and build capacity and self-sufficiency in it...
The PM highlighted the reforms made in the ports, shipping and waterways sector in the last 10 years and said that it has brought new investments in Indias ports and created new employment opportunities..
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