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Home > All news > Economy, Port, Shipping > Kerala Unveils ‘Mission Samudra’ to Build Port-Led Economy, Allocates ₹400 Crore

Kerala Unveils ‘Mission Samudra’ to Build Port-Led Economy, Allocates ₹400 Crore

June 20, 2026
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Thiruvananthapuram - Kerala Chief Minister and Finance Minister V.D. Satheesan on Friday announced an ambitious maritime development programme, ‘Mission Samudra’, in the State Budget for 2026-27, with an allocation of ₹400 crore aimed at transforming Kerala into a major global maritime and economic hub within the next five years.

Presenting the revised Budget in the Legislative Assembly, Satheesan said the initiative forms a key pillar of the government’s vision to build a “Puthuyuga Kerala”—a new-age state driven by inclusive growth, sustainable infrastructure and maritime-led economic development.

The Chief Minister said . . .

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