Trade Analytics
Ports
India's cargo traffic is expected to reach 1,758 MMT by 2017.

Indian Ports Analysis

Latest update: December, 2016

Cargo traffic is on the rise

  • Stood at 606.37 MMT in FY16
  • Increased at a CAGR of 7.4 per cent during FY07–17E
  • Cargo traffic in 2017 at major ports is expected to reach 943.1 MMT
  • During April to September 2016, 12 major ports in India handled 315.4 MT (Million Tonnes) of cargo, showing a growth of 5.1 per cent in comparison to the same time during previous year.
Growth

Cargo traffic at non-major ports

  • Stood at 466.1 MMT in FY16
  • Cargo traffic has expanded at a CAGR of 10.7 per cent during FY07–16 and is expected to grow annually at 15.9 per cent during FY07-17
  • Cargo traffic in 2017 at non-major ports is expected to reach 815.2 MMT
Growth

Non-major ports are evolving faster than major ports

  • Non-major ports are gaining shares and a major chunk of traffic has shifted from major ports to non-major ports
  • The contribution of non-major port’s traffic to total traffic rose to 43.5 per cent in FY16 from 28.6 per cent in FY07
Growth

 

Last Updated: December, 2016

India has 12 major ports and about 187 non-major ports. During the period April-October 2016, cargo traffic at major ports in the country was reported at 370.04 million tonnes (MT), showing a growth of 6.27 per cent over the same period last year.

Since ports handle almost 95 per cent of trade volumes in India, the rising trade has contributed significantly to the country’s cargo traffic. To support the growing demand, cargo capacity in India is expected to increase to 2,493.1 MMT by 2017. Likewise, cargo traffic at major ports and non-major ports is also expected to increase to 943.1 MMT and 815.2 MMT by FY17. Given the positive outlook, proposed investments in major ports are expected to total US$ 18.6 billion by 2020, while those in non-major ports would be US$ 28.5 billion.

As on November 2016, Ministry of Shipping has sanctioned sum of US$ 1.49 million to Gujarat Maritime Board for capacity building and safety training of workers involved in ship recycling activities under Sagarmala.

The Government of India has allowed foreign direct investment (FDI) of up to 100 per cent under the automatic route for projects related to the construction and maintenance of ports and harbours. A 10-year tax holiday is extended to enterprises engaged in the business of developing, maintaining, and operating ports, inland waterways, and inland ports. The government has also initiated National Maritime Development Programme (NMDP), an initiative to develop the maritime sector with a planned outlay of US$ 11.8 billion.

Sectoral Presentation (December, 2016)

Download PDF   Download  (Size: 566.23 KB )

Posters

Brand India Pharma

PORTS INDIA SHIPPING

+ More >

Brand India Pharma

IBEF Publications

IBEF Publication

India Now Magazine


India Now Business and Economy

English

+ More Publications >

IBEF Publication

Blog – Perspectives on India More

Powered by the Who's Who of India

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg The organic spice route
Anu P. Mathai, IES, Chief Executive Officer, IBEF

Organic farming has been witnessing rising popularity across markets, in tandem with the growing concerns related to intensive farming and an overdependence on agrochemi...

author_anurag-bio1.png Inching towards modern loyalty
Mr Anurag Saxena, General Manager – India, ICLP

ICLP India has been helping major domestic and international brands to formulate and execute customer engagement strategies and drive loyalty programmes for over eight ye...

praveen-roy.png Huge potential of skill creation in tourism and hospitality sector in India
Mr. Praveen Roy, CEO, Tourism & Hospitality Skill Council

India attracted close to 80.16 lakh foreign tourists in 2015. Many international and domestic hotel chains are focusing on expansion in India. Mr. Praveen Roy, CEO, Touri...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Trade dashboard: One-stop shop for India’s trade related data
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The Ministry of Commerce and Industry has recently launched the new enhanced dashboard on foreign trade data...

author_Almirah1.jpg Reinventing traditional Indian fashion with a modern twist
Aditi Bajpai, Co-Founder & Designer, Almirah

How connecting with Indian crafts and silhouettes is making room for new business models

Almirah, a conscious clothing and bedding label for chi...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg India’s economy: On a strong foundation
Anu P. Mathai, IES, Chief Executive Officer, IBEF

India's core sector output index grew by 5 per cent year-on-year at 176.1 in September 2016, as compared with 3.2 per cent year-on-year growth recorded in August 201...

ideas More

Ideas

Redesigning the financial landscape
With unwavering focus on low operating cost and high efficiency, Vortex Engineering has developed a reliable and secure range of ATMs that have changed the face of banking in India. Efforts such as these assume more significance in the wake of the recent demonetisation drive by the government and help..

JOIN IBEF.org

Join IBEF.org now. Enjoy FREE subscriptions downloads, updates and more.

Error

Already a member?
Login / Retrieve Password