V.O.C Port likely to attract ₹1 lakh crore investment, says Chairman

The V.O. Chidambaranar Port is apt to pull investments worthy ₹1 lakh crore, arsenic over, ₹10 lakh worthy concern proposals from the maritime manufacture champions are expected to beryllium signed during the India Maritime Week 2025 to beryllium held successful Mumbai shortly, Chairman of V.O.C Port Authority Susanta Kumar Purohit has informed.

Speaking to reporters present connected Tuesday, Mr. Purohit said the Indian Maritime Week 2025 to beryllium organised successful Mumbai betwixt October 27 and 31 to item the maturation of Indian maritime industry, method advancements of Indian seaports, the improvement policies to the representatives from implicit 100 nations, implicit a lakh concern representatives and 500-odd exhibitors would adhd caller magnitude to the seaports crossed the country. A bid of peculiar lectures connected planetary maritime manufacture would beryllium organised connected this occasion. Apart from the 12 Indian large ports, backstage harbours would besides beryllium participating successful this event.

Based connected the deliberations to instrumentality spot arsenic portion of this prestigious lawsuit and the suggestions enactment guardant by the maritime manufacture champions, caller maritime policies would beryllium evolved to instrumentality the Indian maritime manufacture to the adjacent level.

Hence, the V.O.C Port, 1 of the large ports of the country, would besides enactment successful this lawsuit to item its spot and vantage to the participants and the investors. Since concern proposals worthy ₹10 lakh crore were apt to beryllium signed during this event, the V.O.C Port was apt to pull ₹1 lakh crore concern proposals, Mr. Purohit hoped.