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Visakhapatnam is one of the 100 fastest growing cities in the world, which has a GDP of $43.5 billion. It is the 9th richest city in India. The usual seafood exporting capacity of the harbour is and during the FY 2015, it topped seafood exports in terms of value among other ports. Visakhapatnam Port and Gangavaram Port are the two ports of the city and the former one topped charts which handled of cargo during the financial year 2016–17. The Hindustan Shipyard undertakes building and repairing of Naval fleet.