Ports & Shipping
Ports and shipping refer to infrastructure and activities related to maritime transportation, including harbours, docks, terminals, vessels, cargo handling, logistics, and services for importing, exporting, and transporting goods by sea.
Ports & Shipping Sector in India
- Trade/Export: According to the Ministry of Shipping, around 95% of India's trading by volume and 70% by value is done through maritime transport. In FY23, merchandise exports reached US$ 447.46 billion.
- Project/Investment: India has plans to invest US$ 82 billion in port projects by 2035. In Maritime India Summit 2021, the Ministry of Ports, Shipping and Waterways identified a total of 400 projects worth ....
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