As India's economy continues to grow its maritime trade and its percentage share in the world market is growing at a rapid pace. This unprecedented growth triggered a demand for strategic port capacity to sustain trade at lower costs in the most effective and efficient manner thus increasing Indias share in international markets.Thus Krishnapatnam Port Company Limited. (KPCL) was formed by winning the mandate from the Govt. of Andhra Pradesh to develop the existing minor port into modern deep water high Productivity port on BOST (Build–Operate-Share-Transfer) concession basis for 50 years. The port is being built in three phases. Post the completion of the first phase in a record time of 18 months Krishnapatnam Port was dedicated to the nation on July 17 2008. Currently the second phase of development is underway. Port has numerous strengths like its area location weather and the credentials of CVR Group that is promoting this port it will soon be poised to become one of the biggest ports in the world.