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Tuesday, 28 September 2010 08:18

 


Advantage India Ports

 

Long coastline
India has a more than 7,500 km-long coastline, which is being further developed to support trade.

Robust Economic Growth
India is among the fastestgrowing economies in the world and is gradually increasing its share in
 international trade.

Potential as a strategic transshipment hub
Most of the cargo ships that traverse between East Asia and America, Europe or Africa, pass through Indian   territorial waters. As such, India has the potential to develop itself as a transshipment hub.

Cost-Competitive Workforce
India offers a cost-competitive workforce for the development of port infrastructure.

 

 


Abundant raw material

Raw material such as cement, steel and iron are available in abundance. For instance, India is the second-  largest producer of cement (2008–09), the fifthlargest producer of steel (2008–09) and the largest producer of direct reduced iron (2008–09) in the world.

Focus on port sector development
The Government of India (GoI) is focussing on port infrastructure development in the country and is promoting
 private participation and FDI.

Last Updated on Thursday, 21 October 2010 13:49