India considers doubling port concession contract tenures to spur private investment

“This move is being contemplated to provide investors greater certainty and a longer recovery window for their upfront and future investments, thereby reducing risk perception and improving bankability of projects,” the spokesperson said. “This reform complements the broader effort to provide stability, flexibility, and inclusivity in port governance, with certainty of tenure for concessionaires. The proposed extension of concession periods is expected to catalyze fresh investment, strengthen India’s maritime infrastructure, and align the port sector’s captive framework with global best practices and other domestic infrastructure sectors.”