Indian Shipping Industry










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Indian Shipping Industry INDIAN SHIPPING INDUSTRY AT A GLANCE IN 2015 - 2016 Indian Shipping Industry


As much as 90% of India's trade by volume is done via sea. India has the largest merchant shipping fleet among the developing nations. India has 12 major and 187 non-major ports. Cargo traffic, which recorded 1,052 million metric tonnes (MMT) in 2015, is expected to reach 1,758 MMT by 2017. India is the sixteenth largest maritime country in the world, with a coastline of about 7,517 km.

The capacity of all the major ports as on March 31, 2015 was 871.52 MMT, compared with 581.54 MMT in cargo traffic handled through 2014-15. Container-handling in FY 2015 expanded 6.7 per cent year-over-year to 8 million twenty foot-equivalent units (TEUs) from 7.46 million TEUs through the same period in 2013-14.


Indian Shipping Industry in 2015-2016
In FY 2015, cargo volumes at the major ports expanded 4.7 per cent year-over-year to 581.3 MMT. In FY15, coal cargo traffic grew 13.4 per cent to 118.1 MMT from 104.2 MMT in FY14. With regard to commodities, fertilizer handling rose 19 per cent to 16.3 MMT in FY15.

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, reported that the Indian ports sector received FDI worth US$ 1,637.3 million between April 2000 and September 2015. Currently, there are about 44 ongoing projects undertaken at major ports in India, with total investment of over Rs 25,870 crore (US$ 3.88 billion).

The Planning Commission of India forecasts an investment of Rs 180,626 crore (US$ 27.1 billion) for this industry in its 12th Five Year Plan. The Ministry of Shipping has set a target capacity of over 3,130 MMT by 2020 for the Indian Shipping Industry.

Indian Shipping Industry   INDIAN Shipping INDUSTRY AT A Glance IN 2014 - 2015

Indian Shipping Industry   INDIAN Shipping INDUSTRY AT A Glance IN 2013 - 2014

Indian Shipping Industry   INDIAN Shipping INDUSTRY AT A Glance IN 2012 - 2013

Indian Shipping Industry   INDIAN Shipping INDUSTRY AT A Glance IN 2011 - 2012

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