16-Sep-2011 To 17-Sep-2011
INTEGRATED MARITIME PLANNING AND DEVELOPMENT - CHALLENGES AND WAY FORWARD
With the natural benefit of a 7517 km coastline, it is very important that India uses sea transport for the immense opportunities of out-bound and in-bound traffic with 13 major and 176 non-major ports. Ports have contributed immensely to India’s GDP growth; about 90% by volume and 70% by Value of the country’s international trade is carried on through Maritime Transport. Despite higher growth rates, the merchandise trade volume of India is still below 30 per cent. This shows a lot of untapped potential for trade growth.
In order to realize this growth potential, a number of policy initiatives have been taken during the recent past such as modernization of port infrastructure, setting up of new berths/terminals, expansion, installation of new equipments, up-gradation of cargo handling facilities, and installation of VTMS etc.
Attention has been focused on improvement in port infrastructure, modernization of existing facilities, improve logistic chain, doing away the licensing system, more openings in the domestic retail market with entry for the world class players, establish Special Economic Zone(SEZ) type of projects etc.
Infrastructure and ports 2011
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Infractructure And Ports 2011
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