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India to ramp up Chabahar Port capacity fivefold
Business Standard
|March 20, 2025
With ₹40K cr corpus, Sagarmala 2.0 to focus on shipbuilding
Despite global trade instability amid geopolitical threats since the start of US President Donald Trump's second stint, India is looking to continue capacity building at Iran's Chabahar Port. The Centre aims to raise capacity fivefold at the terminal over the next decade.
"There is a capital expenditure (capex) of ₹4,000 crore or so underway which will help us acquire modern cranes, leading to mechanisation and modernisation at the terminal. The current capacity at the port is 100,000 twenty-foot equivalent units (TEUs) and the target is to expand this to 500,000 TEUs," a senior government official said on the sidelines of the National Sagarmala Apex Committee meeting in New Delhi.
This story is from the March 20, 2025 edition of Business Standard.
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