Indian Ports comprising 13 Major and 187 Non Major ports form the backbone of the EXIM trade in India and handle 95 per cent by volume and 70 per cent by value of the trade.
Tag: Exim trade
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Dighi port is the final node of DMIC
As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.
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Fathoming the deeps
The meandering course of the Indian ports sector, the backbone of the countryĂ´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
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More than 36 PPP projects have been successfully launched
As such there is no diversion of cargo from the major ports to the non-major ports. As far as the traffic at major ports is concerned, there is consistent traffic flow and is largely on the increasing trend. However, non-major ports are also attracting cargo due to being captive ports and having no regulatory mechanism like TAMP, etc.
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Need to focus on projects which are remunerative
Sunil Srivastava, Managing Director, Balaji Railroad Systems Ltd, comments on the dismal state of the Indian Railways, delayed projects, and the governmentĂ´s role in improving the sector.
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SETTING SAIL
Over the past few years, maritime industry has been the centre of focus for the countryĂ´s EXIM trade. Indian ports and shipping play a vital role in sustaining the countryĂ´s growth in trade and commerce.
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Port of Call
The Indian port sector has gathered pace with the governmentĂ´s focus on revival of the manufacturing sector through the Ă´Make in IndiaĂ´ campaign. The manufacturing sector is likely to drive the growth of the port sector as the carrier of cargo - ports
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Ports need capacity augmentation
Jawaharlal Nehru Port Trust (JNPT) has achieved a growth of 7.33 per cent during the financial year 2014-15 by handling 4.467 million TEUs of container traffic. Neeraj Bansal, Chairman-In-Charge, JNPT
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Need to focus on efficiency enhancement
Capacity constraints, low level of mechanisation, low pace of project execution, lack of last mile connectivity, shallow drafts, etc., are the factors that affect cargo handling of the major ports, states Ravi Parmar
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PPT plans to expand cargo handling capacity
Paradip Port Trust (PPT) plans to expand its cargo handling capacity to 237 million tonne by the year ending 2020 in order to cater to the increase in EXIM trade. PPT is one of the major ports of India serving the eastern and central parts of the country.
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