He said the port, being built on reclaimed land, will help reduce the cost of logistics, pointing out that the turnaround time at JNPA, India's largest container port located nearby, is higher.
Jawaharlal Nehru Port Authority (JNPA) holds 74 per cent equity in the project, while the rest is held by the Maharashtra Maritime Board (MMB).
The minister said creating infrastructure is very important to achieve the goal of a $1 trillion GSDP, and that $30 billion was invested in infrastructure creation during his first stint as the chief minister between 2014-19, and more money is being put into important projects now.
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