The Union Government has reportedly set a December 2026 deadline to finalise a corporatisation roadmap for 11 of India’s 12 state-owned Major Ports, aiming to list them on stock exchanges by December 2027, it is learnt. The reform push seeks to transition ports from statutory authorities into corporate entities to enhance efficiency and capital access. Currently, Kamarajar Port Ltd, located at Ennore near Chennai, is the only Major Port operating under the Companies Act and serves as a reference model. The plan is being aligned with provisions of the Major Port Authorities Act, alongside investment norms under DIPAM. While corporatisation promises faster decision-making and improved fund-raising capacity, unions have opposed the move citing privatisation fears and strategic security concerns, as per reports.
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