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HinduBusinessLine

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AP targets big returns from shipyards, ports

  • Andhra Pradesh is focusing on mega investments in port infrastructure to drive job creation and economic growth since its bifurcation in 2014.
  • The government plans to develop shipbuilding and ship repair services, along with greenfield ports to boost the economy.
  • A shipbuilding and repair cluster is planned in Dugarajapatnam, Nellore district, with an investment of ₹3,500 crore, aiming to attract global companies and generate thousands of jobs.
  • The State anticipates increased vessel traffic with the operationalization of three new ports and development of nine fishing harbours across the coastline.

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