Syama Prasad Mookerjee Port Kolkata Secures ₹48,000 Crore in MoUs at India Maritime Week 2025

Main Article
Sat, Nov 01, 12:14 AM IST

In a landmark development for Eastern India’s maritime and trade ecosystem, the Syama Prasad Mookerjee Port, Kolkata (SMPK) announced the signing of Memoranda of Understanding (MoUs) worth over ₹48,000 crore during the India Maritime Week 2025 held in Mumbai.

 

The agreements, formalised under the aegis of the Ministry of Ports, Shipping and Waterways, aim to bolster port-led development, enhance trade capacity, and create a sustainable maritime infrastructure that aligns with India’s growing global ambitions.

 

Strategic Partnerships Across Sectors

 

  • SMPK entered into partnerships with several major industry players to drive long-term growth and operational efficiency:
  • Dredging Corporation of India (DCI): Long-term dredging operations to enhance navigability and port capacity.
  • Haldia Petrochemicals Ltd: Investments in tank-farm and POL (petroleum, oil, and lubricants) handling infrastructure at the Haldia Dock Complex.
  • Adani Ports and SEZ Ltd, JSW Infrastructure Ltd, and Century Ports & Harbours Ltd: Collaboration on new container terminal projects under the Public-Private Partnership (PPP) model.
  • UltraTech Cement Ltd: Establishment of a captive cement bulk terminal at the Kolkata Dock, strengthening industrial and logistical connectivity.
  • Srijan Real Estate & Infrastructure Pvt Ltd and Eden Realtors Ltd: Development of riverfront real estate projects on port-land assets, integrating commercial and lifestyle spaces with the city’s evolving waterfront vision.

 

Building a Future-Ready Maritime Ecosystem

 

Speaking on the milestone, Rathendra Raman, Chairman of SMPK, highlighted the transformative nature of these collaborations:

 

“These partnerships mark a defining step in SMPK’s journey of transformation. By bringing together industry leaders and forward-looking institutions, we are building a future-ready maritime ecosystem that enhances trade capacity, attracts global investment, and supports sustainable and inclusive growth for the region.”

 

While the detailed investment breakup by company was not disclosed, the overall commitments underscore the port’s rising strategic importance in India’s maritime corridor, especially for the eastern region, which continues to see rapid growth in industrial and logistics activity.

 

A Catalyst for Kolkata’s Economic Growth

 

The ₹48,000 crore investment will significantly strengthen the port’s infrastructure, drive job creation, and position Kolkata as a critical gateway for trade and commerce in South Asia. With new terminals, modernized facilities, and integrated riverfront developments, SMPK is set to redefine the maritime landscape of the region.

 

As Kolkata continues to evolve as a hub of trade, technology, and investment, initiatives like this reaffirm its role as a rising powerhouse of Eastern India’s growth story.