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Soon India’s Non-Major Ports Will Move a Majority of Cargo

March 14, 2017 12:05 am Published by

A study conducted by Ernst & Young in collaboration with Andhra Pradesh Chambers of Commerce and Industry Federation (APCCIF) has confirmed that in a few years India's non-major ports will account for a majority share of cargo being handled by the country's port sector.

Non-major ports constituting a whopping 43 percent of total traffic in financial year-16, up from 10 percent in previous fiscal, reflects a huge shift in trade over a period of 10 years with the latter emerging as better choices compared to major ports on the back of strategic location, modernisation, efficiency and better infrastructure while achieving cost competitiveness through optimisation of network and logistics.- Ernst & Young Report

To combat the fact that the non-major ports are eating into the throughput handled by the major ports, the National Maritime Development Programme-2020 plans for a huge investment of Rs. 25,000 crore in major ports. With this, officials intend to increase capacity and introduce modernisation projects.

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