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:
The projects identified under Sagarmala Programme are expected to have the following impact:
100% FDI allowed under both government and automatic route.
For further details, please refer FDI Policy
Cargo traffic at major ports (2017-18)
Cargo traffic growth
Indian fleet strength (no. of vessels)
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
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%.
Share in traffic for major commodities (June 2018)
Logistics service provider Schenker India, subsidiary of German DB Schenker is going to double its warehousing capacity from present 3.5 mn sq ft across 53 warehouses and deploy technical solutions for improving efficiency and enhance processing speed.
Bengaluru based logistics startup Blackbuck raises $ 150 mn in a funding round led by Goldman Sachs Investment Partners and Accel US.
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.
Exclusive setup for cargo movement outside custom bonded ports
Single window system between stakeholders of the port community
Increasing private participation in port logistics services
Port authority as regulator & operations carried by private companies
For full mechanization of cargo handling and movement
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.
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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.
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Directorate General of Lighthouses and Lightships (DGLL) is the nodal agency for regulation of lighthouse tourism.
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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.
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Yes. Indian Register of Shipping is the recognized agency for classification and certification of ships.
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By: Invest India
By: Invest India
By: Invest India
By: Uday Munjal
By: Invest India
By: Sanchi Padia
By: Shivam Batham
By: Preet Deep Singh
By: Anusha Agarwal
By: Rahul Agarwal
