India offers much market potential for global dredging companies, estimated at 1 billion cubic metres in the next five years. Large dredging projects include those being finalized at Nhava Sheva (estimated at $177.77 million), Tuticorin, Paradip ($55.55 million) and Ennore ($31.77 million), as well as the projects under way at Haldia, Mangalore and Kochi.
April 30 2007