New Delhi, Oct 30: HUDCO has signed six Memoranda of Understanding (MoUs) with various port authorities, including Syama Prasad Mookerjee Port, Visakhapatnam Port Authority, and Mumbai Port Authority, during Maritime Week 2025 in Mumbai.
This initiative will channel ₹1.1 lakh crore into India’s port infrastructure over the next decade, aligning with the Prime Minister’s vision for port-led development.
The partnerships aim to support the Sagarmala Programme and Maritime Vision 2047 by enhancing modern port capabilities and unlocking investment opportunities.
With recent financial success, HUDCO aims to play a pivotal role in India’s maritime transformation and strengthen its competitive position in global maritime logistics.
