The demand for dredging continues to grow in India driven by greater focus on port infrastructure development, use of larger vessels, increased attention to coastal shipping and inland water transportation, changes in technology. Needs & Requirements, Issues & Opportunities about dredging in India, from August 25-26, 2011, in Grand Hyatt, Mumbai.
This demand is set to accelerate further in the coming years. The Maritime Agenda 2010-2020 envisages increasing the draft in all major ports to a minimum of 14 metres (and in some ports to 17 metres). Dredging projects worth over Rs 200 billion have already been planned between now and 2020. However, the growing demand has not been complemented by a commensurate increase in the Indian dredger fleet. There are only a few dredging players in the country and most of them have their dredgers tied up with ongoing contracts.The dredging capacity in India needs to be significantly enhanced. There is a need and opportunity for new players (especially global companies) to enter the dredging business in India.