Maritime transport in India handles 95% of the trade by volume, a key part of the economy.

70%

of India's trade, by value, is handled by shipping.

5.1%

growth rate recorded by India's 12 major ports.

1.3 bn

tonnes of cargo handled by major Indian ports since 2005

16th

largest maritime country in the world by capacity.

1,129.63 MT

Cargo Traffic at Indian Ports (2022-23)

8.8%

Growth rate in the cargo handled by Major Ports

US$ 123 bn

to be invested on 415 projects under the Sagarmala Programme.

1,526

Fleet of ships sailing under Indian Flag (as of 2023)

1,617 MTPA

Cargo Handling Capacity of all Major Ports ( as on 31.03.2023)

Indian Ports Association

011-24369061

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To foster growth and development of all major ports

ICC Shipping Association

+91 22 28510444

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To facilitate and grow the Indian coastal shipping trade

Indian National Shipowners Association

+91 - 22 - 2218 2105

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INSA is committed to promote the overall development of the industry

Shipyards Association of India

+91 11 22742125

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Association of Shipyards to promote the cause of shipyards for construction and repair of ships, floating crafts and those engaged in ship ancillary industries

Sagarmala Project

011-23714715

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To reduce logistics cost for EXIM and domestic trade with minimal infrastructure investment

Investment Opportunities

  • Port Construction and Maintenance -100% FDI allowed in port and harbour construction and maintenance.
  • US$20.8bn worth investment opportunities in port and shipping made available with policy amendments.
  • The government has eased restrictions on movement of foreign-registered vessels between Indian ports.
  • Port Connectivity Enhancement - Multi-modal logistics parks coming up across India connecting hinterland.

Key Investors

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive and capital establishments

ENABLING ENVIRONMENT

India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments

News

India to become a top 10 global shipbuilder by 2030: Sarbananda Sonowal

November 21, 2024

Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal announced India’s …

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India poised to become the third-largest economy by 2030-31: S&P Global

September 20, 2024

India is on course to become the third-largest economy by …

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India’s exports to surpass US$825 billion: Piyush Goyal

September 20, 2024

India’s Commerce and Industry Minister, Piyush Goyal, has projected that …

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