New Delhi : (HUDCO) Housing and Urban Development Corporation Ltd. has signed 6 MoU’s with major port authorities, during the ongoing Maritime Week 2025 at Mumbai, to finance projects worth over Rs 1 lakh crore in India’s port infrastructure sector, over the next decade.
This landmark initiative is in alignment with the Government of India’s Sagarmala Programme and Maritime India Vision 2047, both aimed at transforming India into a global maritime hub. MoUs were executed with Syama Prasad Mookerjee Port, Kolkata, Visakhapatnam Port Authority, Paradip Port Authority, Odisha, Jawaharlal Nehru Port Authority (Mumbai), Mumbai Port Authority and Sagarmala Finance Corporation Limited, marking a major milestone in HUDCO’s efforts to expand its financing portfolio into maritime and coastal infrastructure.
With these partnerships, HUDCO cements its position as a key enabler of India’s maritime and infrastructure transformation anchoring growth, connectivity, and global competitiveness along the nation’s vast coastline.
