FROM MAGAZINE: Building port infrastructure to boost Indian exports: With the recent relaxation on cabotage laws for foreign vessels, there could be an increased utilisation of Indian ports as transshipment hubs, contributing positively to cargo traffic within India.
India is the sixteenth largest maritime country in the world. Its vast coastline of about 7,517 kilometres plays a vital role in sustaining growth in the country’s trade and commerce. The cargo traffic handled by ports is expected to reach 1,695 million tonnes (MT) by 2021-22, according to a report of the National Transport Development Policy Committee.
Monday, 16 July 2018
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FROM MAGAZINE: Building port infrastructure to boost Indian exports
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