Sagar Mala Project will bring Blue Revolution in the country. It has the potential to boost the GDP of India by 2%. 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 Sagar Mala 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.

Rail Companies:

1) Texmaco Rail and Engineering Ltd

  • Multi-unit engineering and Infrastructure Company. Five manufacturing units extending over 170 acres in the outskirts of Kolkata.
  • Texmaco is the leading and most reliable freight car maker over the past 7 (seven) decades.

2) BHEL

  • Bharat Heavy Electricals Ltd (Bhel), India’s largest power equipment maker. It is eyeing a major role in the Indian Railways’ track electrification program to tide over the uncertainties of the Indian power sector.

3) Pennar Industries

  • Pennar’s Railways is one of the leading wagons manufactures company
  • The company also produce Passenger & Metro Coaches

4) BEML (Bharat Earth Movers Ltd)

  • BEML Limited’s Rail Coach Factory situated in Bangalore. India is the first all-steel integrated rail coach factory established by the Government of India during 1948.
  • The passenger rail coaches indigenously manufacture the passenger rail coaches for the use of Indian Railways.

5) KEC International Limited

  • KEC, with its strong EPC base and its long association with the Indian Railways. It is in an advantageous position to successfully undertake the Signaling works.
  • With this acquisition, KEC is poised to undertake the entire gamut of activities under the Railway Infrastructure segment.

6) Amara Raja

  • Amara Raja pioneered the use of maintenance-free batteries in the Indian Railways.
  • Over 50 % of Indian Railways’ II and III Tier self-generation Air-conditioned coaches have powered Amara Raja.
  • The company is registering a CAGR (compound annual growth rate) of around 14-15 percent in its revenue over the past five years.

7) CMI

  • CMI is supplying hard drawn contact wire and catenary wire used in electric traction of trains

8) HFCL

  • The HFCL Railway Business unit serves the mainline and urban rail sectors of India by the provision of telecom solutions in conjunction with providers of signaling solutions.
  • HFCL has been selected to provide solutions for projects being developed by the Dedicated Freight Corridor Corporation of India Limited as well as by Indian Railways.

9) Titagarh Wagons Ltd

  • The company manufacturing railway castings – bogies and couplers.
  • Titagarh has grown on to become the market leader in the Indian Market and subsequently beginning to export wagons.
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