Mormugao Port Authority to Sign ₹3,000-Crore Investment Deals at India Maritime Week

By Admin

16 Oct, 2025

Goa-based Mormugao Port Authority (MPA) is set to make a major stride toward its long-term expansion and modernization goals, with plans to sign around 24 agreements worth approximately ₹3,000 crore during the upcoming India Maritime Week in Mumbai. The event, hosted by the Union Ministry of Ports, Shipping and Waterways and organized by the Indian Ports Association, will take place from October 27 to 31.

Boosting Cargo Handling Capacity
According to MPA chairman N. Vinodkumar, the port’s long-term vision includes enhancing its cargo handling capacity from the current 65 million metric tonnes (MMT) to 100 MMT annually by 2035. This expansion aligns with India’s broader maritime growth strategy, aiming to strengthen port infrastructure and improve trade efficiency.

Redevelopment of Berth No. 9
One of the key initiatives under this investment plan is the redevelopment of Berth No. 9, which was earlier used as an iron ore mechanical berth. The new project envisions transforming it into a 350-metre-long multipurpose facility capable of handling both iron ore and general cargo. The original ore handling plant at this site was decommissioned following the iron ore mining ban, but the revamped berth will now enable MPA to handle larger vessels, enhancing its overall operational flexibility.

Expanding Cruise Infrastructure
In addition to cargo modernization, the port authority is also investing in tourism and passenger infrastructure. Plans are underway to redevelop another berth to accommodate four domestic cruise vessels simultaneously, compared to the current capacity of three cruise ships at the breakwater berth. This move is expected to give a major boost to Goa’s cruise tourism sector, supporting both domestic and international travel.

Strategic Investments for the Next Decade
MPA’s commitment to signing 24 strategic agreements highlights its focus on sustainable port development and public-private collaboration. “We will sign around 24 agreements, most of which have already been finalised, ensuring an investment of around ₹3,000 crore over the next ten years,” said Vinodkumar, emphasizing the port’s proactive approach to infrastructure and logistics growth.

A Step Forward in India’s Maritime Growth
The upcoming India Maritime Week serves as a significant platform for the country’s ports and logistics ecosystem to showcase innovation, discuss sustainable maritime practices, and attract investments. With MPA’s ₹3,000-crore commitment, Goa’s key port is set to play a major role in India’s vision to become a global maritime hub by 2035.