Business
September 24, 2023
3 min

Andhra Pradesh Govt Plans To Build More Ports To Strengthen ... - Knn India

The Andhra Pradesh government plans to develop more new ports to boost port-led development in the state. The AP Maritime Board Deputy CEO highlighted the importance of ports as terminals for industrialization and mentioned the government's commitment to supporting industries and traders. The government aims to attract private investments for faster cargo evacuation and reduce logistics costs. The role of MSMEs in achieving a $5 trillion Indian economy was also emphasized, along with various incentives offered by the government to support export capacity building.

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Adhikansh Gupta
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Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry