Wednesday, April 24, 2013

B&E Indicators

Major Indian ports are running at near-capacity
The cargo traffic at Indian ports increased to 883 million tonnes in FY2011 from 850 million tonnes in FY2010. Interestingly, the 13 major ports in India accounted for some 66% of total traffic handled at the ports in FY2011. However, most of the larger ports are currently running at near-capacity, which suggests strong market share gain potential for the minor ports over the near-term.

Rs.1.5 lakh crore required in the next 5 years
Heavy traffic and lack of capacity kept major ports in a bad shape till around 2009. However, the situation is now changing with utilisation coming down from around 98% in 2008 to about 85% at the end of 2011. Still, an investment of over Rs.1.5 lakh crore is required in the country’s port sector in the next five years, of which a major chunk is expected to come from the public-private partnership.


Source : IIPM Editorial, 2013.
An Initiative of IIPM, Malay Chaudhuri
 
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