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India Launches $12 Billion Coastal Highway Project to Boost Connectivity

Summary

India's government officially launched the Coastal Highway Project today, a $12 billion initiative to connect major ports along the 2,000 km eastern coastline. The highway will lin

India's government officially launched the Coastal Highway Project today, a $12 billion initiative to connect major ports along the 2,000 km eastern coastline. The highway will link 12 key ports from West Bengal to Tamil Nadu, aiming to reduce logistics costs by 30% and boost trade efficiency. Construction is expected to begin immediately, with completion targeted by 2030. The project is part of the national infrastructure push to enhance economic growth and regional development, according to a statement from the Ministry of Road Transport and Highways. Analysts believe this will significantly improve freight movement and create over 100,000 jobs during the construction phase, Bloomberg reported.
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India Launches $12 Billion Coastal Highway Project to Boost Connectivity

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