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

The Great Eastern Shipping Co Ltd

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

 

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