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Home > All news > Economy, Port, Report & Analysis > AP set to power up port economy

AP set to power up port economy

February 10, 2025
Reading Time: 2 minutes
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Hyderabad - Andhra Pradesh targets handling an ambitious 20 per cent of all cargo countrywide within two decades, through the development of additional port terminals and industrial clusters in the vicinity of the leading ports in the State.

According to a senior official of the State’s Industries and Investments (Ports) Department, plans are afoot to develop industrial clusters to create new port cities, alongside the work on upcoming new ports in the State — including Machilipatnam, Mulapeta (formerly Bhavanapadu) and Ramayapatnam ports — which are likely to begin operations within 2-3 years.

The initial investments in . . .

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