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PORTS AND SHIPPING

According to the Ministry of Shipping, around 95% of India's trading volume and 70% of the value is done through maritime transport. Therefore, the government has also introduced various fiscal and non-fiscal incentives for enterprises developing, maintaining, and operating ports, inland waterways, and shipbuilding in India.

India has 12 major, and 205 notified minor and intermediate ports. Under the National Perspective Plan for Sagarmala, six new mega ports will be developed in the country. Under Sagarmala Program, $123 bn would be invested across 415 projects.

The Indian ports and shipping industry plays a vital role in sustaining growth in the country's trade and commerce. India is the 16th largest maritime country in the world, with a coastline of about 7,517 km. The Indian government has also facilitated a 10-year tax holiday to enterprises developing, maintaining, and operating ports, inland waterways, and inland ports.

As of January 2021, 161 projects totaling $12 billion had been completed, with 178 projects totaling INR 1,96,578 crores still in the works.

100% FDI in Ports and Shipping is allowed under both government and automatic routes.

  • 699.55 MT

    Cargo traffic at major ports (2018-19)

  • 2.9 %

    Cargo traffic growth

  • 1431 *

    no. of vessels - coastal & overseas as on Apr 2020

  • 1451.2 MTPA

    Capacity (2018)

  • 1

    Annual cargo traffic doubled to 1 billion tonnes per annum over the decade starting 2005

  • 2

    Seaborne trade in India has grown at twice the global growth rate of 3.3%

  • 3

    16th largest maritime country in the world

  • India has 12 major and 200 non-major/intermediate ports (under state government administration)
  • Jawaharlal Nehru Port Trust is the largest major port in India, while Mudra is the largest private port
  • During FY18, cargo traffic at major ports in the country was reported at 679.36 million tonnes (MT). In FY19 (up to February 2019) traffic increased by 2.79% year-on-year to reach 633.87 million tonnes
  • The major ports had a capacity of 1,452 million tonnes by FY18 end
  • The Maritime Agenda 2010-20 has a 2020 target of 3,130 MT of port capacity
  • Increased efficiency has led three times increase in net profits of major ports between FY14-18
  • Turnaround time at major ports reduced to 64 hours in FY18 from 94 hours in FY14
  • Project UNNATI has been started by Government of India to identify the opportunity areas for improvement in the operations of major ports. Under the project, 116 initiatives were identified out of which 91 initiatives have been implemented as of November 2018
  • National waterways

    Development of existing & 106 notified waterways
  • Sagarmala initiative

    6 new ports identified under Sagarmala Programme
  • Cruise shipping

    Cruise shipping potential expected to grow
  • Specialist terminal based ports

    Cargo like LNG with specific equipment & high capital costs
  • Rising trade

    Increased trade & private participation in port infra development
  • November 2019: JSW Infrastructure commissioned a new iron ore terminal at the Paradip port in Odisha with a capacity to handle up to 18 million tonnes of cargo per annum.

  • May 2019: Logistics service provider Schenker India, subsidiary of German DB Schenker is going to double its warehousing capacity from present 3.5 mn sq ft across 53 warehouses and deploy technical solutions for improving efficiency and enhance processing speed.

  • May 2019: Bengaluru based logistics start-up Blackbuck raises $150 mn in a funding round led by Goldman Sachs Investment Partners and Accel US.
  • Jul 2018: Essar Ports to invest $70 mn in Hazira Port capacity.
  • Apr 2018: The Indian government plans to develop 10 coastal economic regions as part of plans to revive the country’s Sagarmala (string of ports) project.
  • Mar 2018: Dubai’s port operator DP World along with The National Investment and Infrastructure Fund (NIIF) is buying Continental Warehousing Corp (Nhava Seva), one of the largest companies in the logistics sector in India for $400 mn from its PE investors.

  • $1.6 bn FDI in Ports Sector during April 2000 – June 2019
  • 7X Growth in FDI during 2014-17 vis-a-vis 2011-14
  • 100% FDI in port sector, India allowed in port and harbour's construction and maintenance

Data of Map

Passenger Traffic

Videos

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24 November , 2020

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4 September , 2020

PM Modi's Keynote Address at US-India Strategic Partnership Forum