Green channel
Exclusive setup for cargo movement outside custom bonded ports
Snapshot
Sailing towards success
India is strategically located on the world’s shipping routes with a coastline of approximately 7,517 km. Maritime transport handles around 70% of India’s trading in value terms. The government has also introduced various fiscal and non-fiscal incentives for enterprises that develop, maintain and operate ports, inland waterways and shipbuilding in India.
The Government launched the ambitious Sagarmala Programme in March 2017, with the vision of port-led development and growth of logistics-intensive industries. Under Sagarmala Programme, $ 123 bn would be invested across 415 projects across the following identified components:
- Port Modernization and New Port Development
- Port Connectivity Enhancement
- Port-Linked Industrialization
- Coastal Community Development
The projects identified under Sagarmala Programme are expected to have the following impact:
- Mobilization of over 61.6 bn of infrastructure investment
- Double the share of inland and coastal waterways in the modal mix
- Yield cost savings of $ 5.3-6.1 bn in logistics annually
- Boost merchandise exports by $ 110 bn
- Create 4 mn new direct jobs and 6 mn indirect jobs
100% FDI allowed under both government and automatic route.
for more details refer to FDI Policy 2017
174 MT
Cargo traffic at major ports (June 2018)
4.6%
Cargo traffic growth
1301
Indian fleet strength (no. of vessels)
100.4 MT
Capacity addition (2016-17)
Annual cargo traffic doubled to 1 bn tonnes p.a. over the decade starting 2005
Seaborne trade in India has grown at twice the global growth rate of 3.3%
16th largest maritime country in the world
Industry Scenario
Cargo traffic on the rise
India has 12 major and 200 non-major/intermediate ports (under state government administration). Jawaharlal Nehru Port Trust is the largest major port in India, while Mudra is the largest private port. Cargo traffic in the country is expected to rise to 2500 MT by 2024-25 from 1,072.23 MT in 2015-16. The major ports in India collectively handled 679.4 MT of cargo during 2017-18 compared to 648.4 MT a year ago; thereby registering a growth of 4.8%.
- 118 maritime projects requiring $ 7.7 bn investment have been approved in the last four years
- Major ports recorded highest ever capacity addition of 100.4 MMTPA in 2016-17
Share in traffic for major commodities (June 2018)
- POL: 30.4%
- Container: 20.63%
- Thermal coal: 16.3%
- Coking coal : 7.5%
- Iron ore: 6.5%
Growth Drivers
National waterways
Development of existing & 106 notified waterways
Sagarmala initiative
6 new ports identified under Sagarmala Programme
Cruise shipping
Cruise shipping potential expected to grow
Specialist terminal based ports
Cargo like LNG with specific equipment & high capital costs
Rising trade
Increased trade & private participation in port infra development
Recent Announcements
Essar Ports to invest $ 70 mn in Hazira Port capacity
Dubai’s port operator DP World along with The National Investment and Infrastructure Fund (NIIF) is buying Continental Warehousing Corp (Nhava Seva), one of the largest companies in the logistics sector in India for $ 400 mn from its PE investors.
Centralized Web-based Port Community System (PCS)
Single window system between stakeholders of the port community
Increasing private participation
Increasing private participation in port logistics services
‘Landlord Port’ model
Port authority as regulator & operations carried by private companies
World-class infrastructure
For full mechanization of cargo handling and movement
Major Investors
Data on Map
FAQ
Frequently
Asked Questions
Is security clearance required by foreign investors and how can security clearance be obtained by foreign investors?
Yes, usually security clearance for foreign investors is obtained by project proponents. Foreign investors need to submit required documents with the project proponent who arrange to obtain security clearance.
Please visit the following link for more information.Which are the major educational and training institutes for Maritime sector in India?
Indian Maritime University is the premier institution for maritime education in India. In addition, there are 133 maritime training institutes approved by administration which provide pre-sea and post-sea trainings to individuals taking up career in maritime sector.
For further details, please refer the link.Which is the nodal agency for regulation of lighthouse tourism?
Directorate General of Lighthouses and Lightships (DGLL) is the nodal agency for regulation of lighthouse tourism.
For further details, please refer the link.
What is the procedure for allotment of land for shipbuilding projects?
Shipbuilding projects are generally established close to sea front. Land is allotted by the concerned State Government as per the prevailing land allotment policy. Shipbuilding projects may also be set-up within Major ports’ estates or existing shipyards.
For further details, please refer the link.Is there any agency for classification and certification of ships in India?
Yes. Indian Register of Shipping is the recognized agency for classification and certification of ships.
Please visit the following link.
