Shipping and Port Market in India 2014
SKU ID : NS-13850004 | Publishing Date : 26-Nov-2014 | No. of pages : 134
Significant increase in economic activities and favorable initiatives taken by the government and investment from both the public and private sector is helping in the growth of the Indian ports industry. The major drivers propelling the growth of the market are increase in imports of coal, oil, iron-ore and food grains. But at the same time the industry is plagued with some challenges including, increased competition in terms of ship building from China and Korea and oversupply of tonnage. Overall the industry is showing a favorable growth rate and is expected to grow in the coming decade.
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