infrastructure are set to support port infrastructure activity in India. · India currently has 12 major ports, and under the National Perspective Plan for Sagarmala, six new mega ports are planned for development. In the · During FY25, all key ports in India handled 853.56 million tonnes (MT) of cargo traffic compared to 819 MMT handled during FY24. During FY26 (April-October), total Cargo handled by major ports was 513.80 MMT with overseas cargo and coastal cargo accounting for 77.30% and · In Union Budget 2024-25, the total allocation for the Ministry of Shipping was Rs. 2,345.45 crore (US$ 281.23 million). · On 19 June 2024, the Government of India approved the establishment of a Major Port at Vadhavan, Maharashtra, with an estimated cost of Rs. 76,220 crore (Us$ 9.14 billion), aiming to enhance EXiM trade capacity and accommodate mega vessels, while facilitating public-private partnerships Note: *- Until October 2025 Source: Ministry of Shipping, GOl, Care Ratings, Indian Ports Association, PIB