October22 , 2026

    Karnataka Receives Eight Bids to Privatize Three Cargo Berths

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    The government of Karnataka has received eight bids from infrastructure and logistics companies for the privatization of three cargo berths at New Mangalore Port, marking strong investor interest in the state’s port infrastructure development.

    Officials said the move is part of efforts to improve operational efficiency, attract private investment, and expand cargo-handling capacity at the port. The selected private operators will be responsible for modernising the facilities and managing cargo operations under a long-term concession model.

    The berths are expected to handle a range of bulk and general cargo, supporting the region’s growing trade in commodities such as coal, fertilisers, and agricultural products. Authorities believe private participation will help accelerate infrastructure upgrades and introduce advanced cargo-handling technologies.

    Industry sources noted that the competitive response from bidders reflects increasing confidence in India’s port sector and the long-term growth potential of maritime trade along the country’s western coastline.

    The state government will now evaluate the technical and financial proposals before finalising the winning bidders. Once operational, the upgraded berths are expected to enhance cargo throughput and strengthen the role of New Mangalore Port as a key gateway for trade in southern India.