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India Port Industry - Strategies Boosting Manufacturing Sector in India to Open Trade Corridors and Thus Bolstering Port Industry

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Published on : Sep 28, 2016

ALBANY, New York, September 28, 2016: Despite being operational for several decades, the port industry in India has done little to win a global fame. Its counterpart in China, on the other hand, showcases state-of-the-art facilities along the country’s coastline. However, experts predict the India port industry has finally converged in the time to bloom. A new report, titled “India Port Industry Investment Research Report, 2016-2019,” added to the repository of ResearchMoz.us provides an in-depth analysis of the various factors attracting investment in the India port industry. 

Despite having similar population base, India’s throughput capacity is at around 8% as compared to that of China’s. However, the growth witnessed by the port industry in China is slowing as the country recalibrated towards consumption and services. 

The ports owned by state in India are classified as ‘major ports’. For instance, the Jawaharlal Nehru Port Trust in Maharashtra, which is touted as the largest container port in India. Private ports in the country are categorized as ‘minor ports’. Despite their size, the minor ports or India’s private ports are expected to report considerable growth in the forthcoming years. According to the report, the private port’s share in the India industry has increased from 24% in 2005 to 45% in 2016. This is indicative of the opportunities for the port industry held by this segment. 

Click here to get more info with TOC in a PDF Format: https://www.researchmoz.us/enquiry.php?type=S&repid=811825

The report projects the port throughput in India to accelerate at a faster pace over the forthcoming years. In short term, favorable monsoon is likely to increase agricultural exports in India. Higher disposable income, supported by the increase in pay of millions of civilian servants will increase demand among domestic consumers, states the report. 

Furthermore, the launch of favorable government strategies such as “Make in India” initiative is expected to give significant boost to the country’s manufacturing sector, thereby influencing the nations GDP as well. This will create opportunities for the improvement of the nation’s infrastructure, thus creating trade and freight corridors. Spurred by these factors, the India port industry is expected to witness significant rise in the investment in the coming years. 

The report mainly focuses on presenting detailed comparison of the port sector in India with other countries in terms of vertical integrated business models and tariff regulations. The report also includes a comparison of the listed Indian port companies with their international listed peers on the basis of operation metrics and financial metrics. Besides these, it summarizes the development of foreign port operators in India, and presents insights into the growth drivers and restrains that are likely to influence the industry’s growth over the next few years. 

The report also profiles some of the leading players such as Adani Group, Jawaharlal Nehru Port, and others besides calculating the average turnout of the major ports across the country. Other factors such as India’s railway network utilization level are studied in detail as well. 

To order report Call USA – Canada Toll Free: 866-997-4948 or send an email on [email protected]