Sagar Mala Project will bring Blue Revolution in the country. It has the potential to boost the GDP of India by 2%. EPC Companies involved in it can give 10 times return in the next 5 years.

Why is SagarMala Project So Crucial for India?

  • It is the Partner project of Make in India.
  • On three sides India is bound by sea and has a 7,516.6 km coastline.
  • India has 9 Coastal States and 3 UT. There is major scope for port-led development.
  • Only 20% of the population living in these 9 Coastal States and 3 UT. But it contributes 60% of the GDP.
  • Railways contribute 9% to the GDP; the Road sector contributes 6% to the GDP and ports’ share of GDP is only 1%.
  • Sagarmala project can boost GDP by 2 percent: Ocean Group.

Why companies Involve in SagarMala Project will give 10 times return in the next 5 years?

  • In Sagar Mala Project there is an investment of Rs 12 lakh crore under various programs.
  • Rs 8 lakh crore will be pumped into industrial clusters. Remaining Rs 4 lakh crore will go to port rail and port road connectivity
  • To execute Rs 5 lakh crore Sagarmala projects by May 2019
  • It will create 40 lakh direct jobs and many times indirect jobs.
  • After completion Sagarmala will save up to 40,000 crores per year on logistics costs. It will also boost exports by $110 billion.

There are so many companies involved in Sagar Mala Project so I divide it into 5 Parts.

EPC (Engineering Procurement Construction) Companies:

EPC Companies carry out the detailed engineering design of the project. It procures all the equipment and necessary materials. After that, it will construct to deliver a functioning facility or asset to their clients.

1) L&T

  • Government push to the infrastructure sector through the revival of the Sagarmala project. Companies like L&T will be very much benefitted from it.

2) NCC (Nagarjuna Construction Company Ltd.)

  • Government push to Sagar Mala project Can Double the Order Inflows of NCC

3) Punj Lloyd

  • A joint venture between Punj Llyod and Varaha Infrastructure has won the bid to construct the Yagyi-Kalewa road section in Myanmar at a cost of Rs 1,177 crore

4) GMR Infra

  • The company is developing a port-based multi-product Special Investment Region at Kakinada, Andhra Pradesh.
  • Transportation Business of GMR Infra has mainly focused on surface transport projects. It also focuses on the transportation of Roads, Railways, Metros and Air Strips

5) HCC

  • HCC has been building large and complex structures for the last 76 years. It is known for taking giant strides in technology and innovation.
  • The Company recognized as a spearheading force in engineering construction, both in India and the rest of the world.

6) JP Associates

  • It is the flagship company of the Jaypee Group.
  • The Company is considered as one of the top EPC companies and has a vast experience of more than 4 decades.
  • Act as a leader in the Construction of river valley and hydropower projects

7) Gammon India

  • Gammon India is amongst the largest physical infrastructure construction companies in India.
  • Its track record spans significant landmark projects built over several decades. It has a prominent presence across all sectors of civil engineering, design, and construction.

8) Shriram EPC

  • Shriram EPC provides end-to-end solutions to engineering challenges. It also offers multidisciplinary design, engineering, procurement, construction and project management services.
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