After Gujarat, Goa Could Be India�s Chosen Marine Cluster Destination

Rajanarora0614 May, 2021Business

With the presence of Mormugao port that is backed by players like Vedanta and Adani Group, Goa can also prove to be a favorable location for the establishment of maritime clusters. One of the reasons is the fact that marine businesses have been migrating to foreign locations such as Switzerland and Luxembourg, due to a relatively unfavorable ecosystem in the home country. For instance, Adani Coal Project in Goa, despite having a wide range of port projects ? from Goa and Gujarat to Chennai and Kerala, still operates out of Dubai for its chartering needs. Thus, the establishment of maritime clusters would not only create indigenous opportunities but contribute to India?s vision of self-reliance as well.