Released January 25, 2022 | NEW DELHI
en
Researched by Industrial Info Resources (Sugar Land, Texas)--India Infrastructure Research estimates significant growth momentum in the Indian dredging industry. With the government's push to improve and modernize port infrastructure, most major ports are gearing up to deepen their channels and harbors to have a depth of at least 18 meters in order to bring in bigger vessels.
India has a vast coastline of more than 7,500 kilometers along the east and west coasts. It has 13 major ports in the public sector, 10 in the private sector and 187 minor ports under various maritime boards and state governments.
The demand drivers for dredging include the requirement for deeper draught at ports; construction of new ports; land reclamation; emerging trends like deployment of ultra-mega-size vessels; consistent maintenance and capital dredging at existing ports; inland transport and water linking projects; trenching works for laying pipelines in offshore projects; and promotion of tourism.
Industrial Info is tracking 90 capital and maintenance dredging projects, worth US$3.19 billion, in India that are planned to kick off during the non-monsoon period in fourth-quarter 2022 through first-quarter 2023. Major coverage is in Gujarat, Odisha, Andhra Pradesh, Maharashtra, West Bengal and Tamil Nadu. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of detailed project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
India has a vast coastline of more than 7,500 kilometers along the east and west coasts. It has 13 major ports in the public sector, 10 in the private sector and 187 minor ports under various maritime boards and state governments.
The demand drivers for dredging include the requirement for deeper draught at ports; construction of new ports; land reclamation; emerging trends like deployment of ultra-mega-size vessels; consistent maintenance and capital dredging at existing ports; inland transport and water linking projects; trenching works for laying pipelines in offshore projects; and promotion of tourism.
Industrial Info is tracking 90 capital and maintenance dredging projects, worth US$3.19 billion, in India that are planned to kick off during the non-monsoon period in fourth-quarter 2022 through first-quarter 2023. Major coverage is in Gujarat, Odisha, Andhra Pradesh, Maharashtra, West Bengal and Tamil Nadu. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a list of detailed project reports.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
