The Indian government is actively supporting the creation of joint ventures (JVs) in port development to modernize maritime infrastructure, expand cargo handling capacity, and enhance India’s role in global trade. Spearheaded by the Ministry of Ports, Shipping and Waterways, the initiative is aligned with the government’s ambitious Sagarmala Programme, which aims to boost port-led economic growth through public-private partnerships and international collaborations. The policy encourages Indian port authorities, private developers, and global logistics and shipping companies to form JVs for the development, operation, and management of major and non-major ports, container terminals, bulk cargo terminals, and coastal economic zones.

To attract joint venture investments, the government offers a suite of policy incentives, including long-term lease arrangements, viability gap funding, customs and tax concessions, and priority berthing rights. The framework supports 100% foreign direct investment (FDI) under the automatic route in port and terminal projects, making it easier for global players to collaborate with Indian entities. In addition, joint ventures involved in port connectivity projects, such as dedicated freight corridors, multimodal logistics parks, and inland waterways, receive integrated support through the PM Gati Shakti National Master Plan.

The government also emphasizes the use of smart port technologies, including automation systems, digitized cargo tracking, green energy adoption, and maritime safety standards, to improve operational efficiency and sustainability. JVs that commit to skill development, job creation, and regional economic integration are prioritized for regulatory clearances and policy support. Through this proactive approach, India aims to create world-class port infrastructure, reduce logistics costs, and strengthen its position as a maritime and transshipment hub in the Indo-Pacific region.