INDIA MARITIME SECTOR OVERVIEW

Maritime transport is critical for the economic development of a country. It influences the pace, structure and pattern of development. The Ministry of Shipping, Government of India broadly encompasses within its fold the shipping and port sectors of the country.

India has a vast coastline of over 7500 km with 12 Major Ports and 187 Non-Major Ports that carry nearly 95% of India's trade volume. It is an important natural resource for the country's trade. The maritime sector in India comprises of ports, shipping, shipbuilding, ship repair, ship recycling, Inland Water Transport (IWT), dredging and multi-modal logistics.

india maritime sector overview

Realizing the importance of the maritime sector for economic development, Government of India has announced a number of initiatives to facilitate and grow maritime trade. More than 150+ projects have been identified for strengthening the maritime infrastructure and increasing the total cargo handling capacity of the country both by Greenfield port development and capacity addition to existing ports. Apart from capacity addition, port efficiencies are being improved through mechanization and modernization.

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