India: Govt to invest Rs. 5 trillion in Shipping sector by 2020

New Delhi: The government on Thursday unveiled a new policy for the Shipping sector that entails an investment of Rs. 5 trillion by 2020 to take the ports capacity to 3,200 MT and bring in major reforms in the space.
“The Maritime Agenda 2020 is a perspective plan that replaces the current National Maritime Development Project. We plan to take our port capacity to 3200 million tonnes (MT) from 617 MT on 31 March, 2010,” shipping minister G. K. Vasan said launching the policy.
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Source: livemint