Mormugao port authority to sign ₹3,000-crore investment pacts at india maritime week
By Faridat Salifu
The Mormugao Port Authority (MPA) is preparing to sign 24 investment agreements worth nearly ₹3,000 crore during the upcoming India Maritime Week in Mumbai, marking a major milestone in its long-term expansion strategy.
According to MPA Chairman N. Vinodkumar, the port aims to increase its cargo handling capacity from 65 million metric tonnes (MMT) to 100 MMT per year by 2035. The new investments will target the modernization of key infrastructure, diversification of cargo operations, and growth of cruise tourism.
A central component of the plan is the redevelopment of Berth No. 9, a 350-metre facility formerly dedicated to iron ore handling. The berth will be upgraded to accommodate both iron ore and general cargo, enabling the port to receive larger, deep-draft vessels and significantly improve efficiency.
In addition, another berth will be revamped to expand cruise operations, allowing the port to berth four domestic cruise vessels simultaneously, up from the current limit of three at the breakwater berth.
The India Maritime Week, organized by the Indian Ports Association under the Union Ministry of Ports, Shipping and Waterways, will be held in Mumbai from October 27 to 31.
The event will bring together port authorities, investors, and international maritime stakeholders to explore new opportunities and innovations shaping India’s maritime future.