Government’s vision document proposes preventing any company getting dominant market share in ports

The Indian government’s Maritime India Vision 2047 aims to develop next-generation ports and increase port handling capacity by 400%. However, the vision also suggests restricting mergers and acquisitions that could lead to one group of companies dominating the sector. This comes amidst concerns of private sector players gaining an unfair advantage in a sector that will see significant private investment. The vision document also proposes ensuring transparency in port tariffs and pricing by requiring all non-major ports and PPP concessionaires to host updated tariffs on their websites.