Andhra’s Coastal Dreams: Vizag Port Signs Big at IMW 2025

At the India Maritime Week (IMW) 2025 in Mumbai, the Visakhapatnam Port Authority (VPA) stole the spotlight by signing Memorandums of Understanding (MoUs) worth ₹39,216 crore. These investments are a strong endorsement of Andhra Pradesh’s growing strategic importance in India’s blue economy and maritime development.

Overview of Major Projects and Partnerships

Dugarajapatnam Mega Shipbuilding Cluster

The largest investment comes from an MoU with the Andhra Pradesh government for a mega port, shipbuilding and ship repair cluster at Dugarajapatnam, amounting to ₹29,662 crore. This ambitious project is expected to,

• Create large-scale employment opportunities
• Promote Make in India shipbuilding capabilities
• Position Andhra Pradesh as a global shipbuilding hub
• Integrate with India’s coastal industrial corridors

Korean firm HD Korean Shipbuilders Offshore Engineers Ltd also showed interest in supporting this mega initiative through technical consultations during IMW 2025.

Port Logistics and Modernisation

• To boost port efficiency and multimodal logistics, VPA signed a ₹3,000 crore MoU with MECON India to develop modern stackyards and railway sidings—key for reducing cargo handling time and increasing regional trade connectivity.
• With HUDCO, VPA will mechanise existing cargo berths using digital and green technologies, ensuring higher throughput and eco-friendly operations. This initiative, valued at ₹487.38 crore, reinforces the port’s sustainability goals.

Key Takeaways

• Event: India Maritime Week 2025
• Authority: Visakhapatnam Port Authority (VPA)
• Total MoU Value: ₹39,216 crore
• Biggest Project: ₹29,662 crore shipbuilding cluster at Dugarajapatnam
• Focus Areas: Blue economy, multimodal logistics, smart port development
• Strategic Partners: Govt of AP, MECON, HUDCO, NBCC, RVNL