New Delhi, March 20 -- The Centre is currently executing 839 projects worth Rs 5.79 lakh crore under the 'Sagarmala' programme, with 272 projects already completed at an investment of Rs 1.41 lakh crore.

The next 'Sagarmala 2.0' initiative is a visionary upgrade with a new focus on shipbuilding, repair, breaking and recycling. Backed by Rs 40,000 crore in budgetary support, it aims to catalyse investments worth Rs 12 lakh crore over the next decade, said the government.

According to Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, 234 port modernisation projects worth Rs 2.91 lakh crore are underway, with 103 projects completed, adding 230 MTPA capacity. In connectivity, 279 projects worth Rs 2.06 lakh crore are bein...