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1A/ Sector Outlook
95% of Indian trade by volume & 70% by value is via maritime transport
12 Major ports & 200 non-major
As of Jan 2021, 178 projects valued at 2L Cr. under dev.
Cargo traffic CAGR 4% over 5 yrs
The capacity addition at ports is expected to grow at a CAGR of 5-6%
95% of Indian trade by volume & 70% by value is via maritime transport
12 Major ports & 200 non-major
As of Jan 2021, 178 projects valued at 2L Cr. under dev.
Cargo traffic CAGR 4% over 5 yrs
The capacity addition at ports is expected to grow at a CAGR of 5-6%
1B/ Sector Outlook
FM proposed to double ship recycling capacity of ships of 4-5 million LDT by 2024
Union Budger 2021 announced subsidy to shipping cos. worth INR 1624 Cr.
Major Port Authorities Bill, 2020 passed in Feb 2021 to align international best practises
FM proposed to double ship recycling capacity of ships of 4-5 million LDT by 2024
Union Budger 2021 announced subsidy to shipping cos. worth INR 1624 Cr.
Major Port Authorities Bill, 2020 passed in Feb 2021 to align international best practises
