Maritime and Inland Trade in India: A Perspective Study

Abstract

India has a vast coastline with so many natural harbors and inland waterways. The country’s exports and imports logistics revolves mostly around the ports. This study aims to highlight the various projects for development of ports, the progress so far and the various future plans. Government as well as private sector participation in this regard is discussed. Market size and the contribution of maritime trade in Indian economics are detailed. India’s Sagarmala Project and the efforts to revive the inland water transport discussed in detail with their scope and advantages. Multimodal transport with the effective use of inland waterways included. Development of existing and future ports outlined. Various investments by different stake holders and the present port developments along with some hurdles experienced examined. Government’s initiative of the same and the future prospects of Indian port developments discussed.