India has a coastline of more than 7,500 Km with over 190 ports situated along its length.
About 50% of world's container traffic and close to 30% of world's cargo traffic passes through this region.
India's 1200 island territories and its huge Exclusive Economic Zone of 2.4 million square kilometers makes clear the economic significance of the India Ocean.
Merchandise trade contributes to over 50% in the country's real GDP and 95% of this merchandised trade by volume is moved throught maritime transport.
"Make in India", which has re-ignited its manufacturing sector has Defence manufacturing and ship building are amoung its focus areas.
India's Major ports handle 58% of the total traffic in MGT
The Cargo handled by India's 12 major and 187 notified non-major ports increased by 8% in 2014-2015
90% of the world trade is carried by Sea
9.84 billion tons of shipment are carried by the sea every year
60% is the share that the developing countries contribute to the international seaborne trade.
The world seaborne trade in cargo ton-miles nearly double to 55,000 in 2015.
About 30% of international seaborne trade comprises various forms of fuels.
1.7 billion tons of crude oil was carried by sea in 2014
The world fleet grew by 3.5% in 2014 to a total of 89,464 vessels.
Freight Forwarders | Trade Associations | Private Investors (Domestic/International) | Indian Navy and Coast Guards |
Port Authorities | Port & Terminal Operators | Importers/ Exporters | Offshore Suppliers & Services |
Shipping Lines | Container Terminal Operators | Ship Builders, Designers & Repairers | Port and Terminal Equipment Manufactures |
Policy Makers | Port Infrastructure Developers | Ship Registrars & Consultants | Financiers & Insurers |
Ship Operation and Management | Government Agencies | Trade Publication /Media | CFS/ICD developers and operators |
Classification Societies | Legal Professionals | Export/Import Councils | Academic & Research Bodies |
Regulatory Authorities | Naval Architects & Designers | Cargo Handling Equipment Cos | Ship Inspection and Surveys |
Marine, Electrical & Mech. Engineers | Security Agencies | Logistics Service Providers | |
IT Solutions Providers | Port and Maritime Agents | Navigation Equipment Providers |