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

Indian Ports Analysis

Latest update: January, 2017

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: January, 2017

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 (January, 2017)

Download PDF   Download  (Size: 563.22 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 Brand India makes its presence felt at Arab Health 2017
Anu P. Mathai, IES, Chief Executive Officer, IBEF

Over 100 Indian companies participated at Arab Health 2017, the largest healthcare exhibition & medical congress in the Middle East and the second largest in the worl...

author_Rahul-Garg.png GST a game changer for manufacturing industry: Are you ready?
Rahul Garg, Founder & CEO, Moglix

GST, the “most significant tax reform” so far in India is poised to enable India Inc to operate under a one-country one market philosophy. One of the biggest ...

author_Anu_P._Mathai_photo_1_-_mobile_photo_1.jpg Government e-Marketplace: A GeM for modern procurement
Anu P. Mathai, IES, Chief Executive Officer, IBEF

The Government of India has laid special emphasis on the reforms required in its public procurement process. In a major step that aims to transform the way in which procu...

author_Rohit-Poddar1.jpg How the government announcement will boost interest of consumers in the real estate sector
Rohit Poddar, Managing Director, Poddar Housing & Development Ltd.

The provisions of the erstwhile Rajiv Awas Yojana (RAY) scheme weren’t the brightest idea because practical implementation, in scale, was not feasible, and hence it...

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...

ideas More

Ideas

Cutlery You Can Eat
Narayana Peesapaty, a former researcher at the International Water Management Institute of Hyderabad, has created an innovative edible cutlery, mainly made out of sorghum. The basic idea behind the innovation - replace plastic spoons – struck Narayana during a flight, upon observing fellow passengers..

JOIN IBEF.org

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

Error

Already a member?
Login / Retrieve Password