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Comparative Studies | Economics & Management | India | Volume 13 Issue 11, November 2024 | Popularity: 5.3 / 10

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Ports of Progress: Analysis of the Port Infrastructure Development Program and Sagarmala Project

Subroto Das

Abstract: This paper presents a comprehensive comparative analysis of two significant port infrastructure development initiatives: the United States' Port Infrastructure Development Program (PIDP) and India's Sagarmala Project. Through detailed examination of funding mechanisms, implementation strategies, technological integration, and socio-economic impacts, this research provides insights into the effectiveness of different approaches to port modernization. The study analyzes the programs' contributions to national economic growth, environmental sustainability, and social development. Findings indicate that while both programs share common objectives of enhancing port efficiency and reducing logistics costs, they differ significantly in their implementation approaches and scope. The PIDP emphasizes environmental sustainability and technological advancement, while the Sagarmala Project focuses on comprehensive coastal development and industrial integration. This research offers valuable insights for policymakers and stakeholders involved in port infrastructure development globally.

Keywords: Port Infrastructure, Maritime Development, Economic Growth, Sustainable Development, Public-Private Partnership

Edition: Volume 13 Issue 11, November 2024

Pages: 704 - 713

DOI: https://www.doi.org/10.21275/SR241111113153

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