India Dredging Market Size, Share, Analysis, Industry Report and Forecast to 2026

The Indian dredging industry is significantly driven by the increasing demand for dredging from its major and non-major ports. Owing to the recent developments to encourage local manufacturing coupled with the Make in India initiative and the government’s focus for the development of the Indian maritime sector, the dredging sector is gaining significance across the country. India has 12 major ports and nearly 200 non-major ports administered by Central and State Governments, respectively. Indian ports are focusing on handling more cargo with the accommodation of larger vessels and fulfilling global standards in port infrastructure to achieve economies of scale. 

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Therefore, Indian ports are working towards the development of the basic infrastructure such as mechanization and the creation of more berths and deepening of channels, which will offer strong demand for the dredging operations. Moreover, the development of greenfield ports would also propel the demand for dredging in India. As per the Ministry of Shipping (MoS), in the next few years, most of the key ports would increase their capacity to accommodate bigger ships. Apart from these, the increasing need for new developments from Navy, offshore exploration, and national waterways, the scope of the Indian dredging industry seems vast. 

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Some prominent players operating in the market include Dredging Corp. of India Ltd. (DCIL), Adani Group, Royal Boskalis Westminster NV, and BEML Ltd. Adani Ports and Special Economic Zone Ltd (APSEZL) offers dredging and reclamation solutions especially for the construction of port and harbors. In 2005, Adani Group commenced investment in the development of a dredging fleet to achieve a potential share in the port sector. The company currently operates a large fleet of 23 dredgers. It is the major capital dredging capacity in the country. In January 2018, Adani Ports and Special Economic Zone Limited (“APSEZ”), declared the addition of two new 8000m3 Trailing Suction Hopper Dredgers (TSHDs). The new dredgers are one of the largest in the Indian Fleet of TSHDs. It can be a major asset to India for Nation building and assisting the Government’s Port led initiatives. 

North American Myocardial Infarction Market Segmentation 

By Type 

  •          Mechanical Dredger
  •          Bucket Dredger
  •          Grab Dredger
  •          Backhoe Dredger
  •          Hydraulic Dredger
  •          Suction
  •          Cutter Suction Dredger
  •          Trailing Suction Hopper Dredger
  •          Barge Unloading Dredger 

By End-User 

  •          Government
  •          Oil and Gas Companies
  •          Mining Companies
  •          Others (Renewable Energy)

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