The Odisha government is set to invest INR 4,000 crore to develop a ship recycling hub near Paradip Port, in partnership with Paradip Port Authority. The project aims to establish a key centre for shipbuilding and repair, along with expanding port infrastructure through the development of two new ports at Inchuri and Bahuda. These ports will handle up to 40 mnt of cargo annually.
India: Odisha govt aims to set up ship recycling hub near Paradip port
000 crore investment Bahuda port cargo capacity cargo handling capacity Inchuri port INR 4 maritime capabilities maritime industry growth new ports development Odisha economy Odisha government investment Odisha logistics Odisha port infrastructure Odisha ship recycling hub Paradip Port Paradip Port Authority port development port expansion ship recycling industry ship recycling project shipbreaking industry shipbuilding and repair
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