Reply: It may be clarified that foreign investment is allowed in port operations and not in port administration (management), subject to the guidelines of public private partnership (PPP) announced by the Government of India for major ports. Foreign direct investment upto 100% is permitted for construction and maintenance of ports and harbours.
The PPP guidelines are subject to review and modifications in the future depending upon the changes in the port sector and economic condition of the country. This applies in the case of foreign investment also in the port operations.
