The Indian port sector has gathered pace with the government´s focus on revival of the manufacturing sector through the ´Make in India´ campaign. The manufacturing sector is likely to drive the growth of the port sector as the carrier of cargo - ports
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Competition's fine, but competitors are few: Experts
The National Maritime Agenda 2020 envisages that all the Major Ports should have a draft of about 14 m. Two mega hub container terminals—one on the east coast and a second on the west coast are planned with a draft of about 17 m.
Budget Reactions 2011
Service tax exemption of 25 per cent from taxable value is being provided to services of transport of coastal goods and goods transported through national waterways or inland water with no CENVAT credit of taxes paid on inputs, input services and capital goods. The effective service tax rate is 7.725 per cent.