India, July 31 -- The Government of India has issued a release:
NEW DELHI, July 31, 2026: The Union Cabinet has approved a revised Policy for Award of Waterfront and Associated Land to Port Dependent Industries (Captive Policy), introducing a series of reforms aimed at accelerating private investment through the Public Private Partnership (PPP) model, improving operational flexibility and strengthening infrastructure development across India's major ports.
The revised policy updates the existing Captive Policy of 2016 by enabling existing captive users to expand capacity through new berths, jetties, terminals and single buoy moorings (SBMs), while also providing a framework for extending concession agreements, awarding waterfront to eligi...