Evolution of Ports and Logistics
Keywords:
Development, Ports, Harbours, Docks, MCA, MCA 2021, Blockchain, MaritimeAbstract
The article discusses the different challenges concerning the development and administration of major Indian ports in connection to public-private partnership (PPP) and potential for small businesses as well as enterprises looking to grow into the maritime industry. The paper will also discuss port deregulation, as well as methodological approaches for future improvements. The necessity for India's marine industry to become substantially automated and commercialized is becoming more pressing by the day. The grips of central and state governments, as well as its subsequent effects on major ports and their development, will be discussed, with the goal of transforming port operations, ensuring the industry's sustainable development, and adopting a more revolutionary theories and models that will allow the maritime industry to finally reach its greatest potential and maintain pace with market trends by 2030. India, while being the world's IT powerhouse in terms of technological developments and the usage of cutting-edge technology in other sectors, appears to be trailing behind when it comes to port and waterfront operations and administration. The article will explore the answers and future development ideas for "Smart ports" in India, as well as the realities and impact of Model Concession Agreements in Major Ports 2021. The article has been put forth after careful consideration and conversation with some of the industry's most prominent experts, as well as a thorough assessment and review of some of the research progress being made in the subject.
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Copyright (c) 2022 Mr Abdullah Siddique, Dr Vinh Thai, Professor Devinder Grewal, Captain Suresh Amirapu, Mr Ennarasu Karunesan, Captain Kapildev Bahl
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