India Shipping Report - Business Monitor International - Industry Reports

India Shipping Report

India Shipping Report - Business Monitor International - Industry Reports
India Shipping Report
Published Oct 31, 2015
115 pages — Published Oct 31, 2015
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Abstract:

BMI View: We expect growth at India s biggest container ports to remain robust in ---- and ---- with total trade recovering from negative growth in ----. Drivers to Indian shipping are strong economic growth sustained over the past decade which is increasing domestic consumption and therefore demand for imports, improved trade between countries using Indian ports as transhipment hubs and the country s concentration on manufacturing which is boosting export volumes. ...BMI View: We expect growth at India s biggest container ports to remain robust in ---- and ---- with total trade recovering from negative growth in ----. Drivers to Indian shipping are strong economic growth sustained over the past decade which is increasing domestic consumption and therefore demand for imports, improved trade between countries using Indian ports as transhipment hubs and the country s concentration on manufacturing which is boosting export volumes. The major restrain remains congestion at facilities caused by strikes and traffic exceeding handling capacity of ports. ...We expect infrastructure and logistical improvements at ports enabling facilities to accommodate this growth and attract shipping companies to use the country s ports as calling points. Furthermore our forecasts indicate that GPD growth will average at -.- over the medium term supporting shipping activity in India.

...New Terminal at Jawaharlal Nehru Port Trust (JNPT): In October ----, India s Prime Minster laid the foundation stone of the long discussed new terminal at JNPT. The completed terminal will double the capacity of the current container port which is the county s largest. ...The completed terminal will double the capacity of the current container port which is the county s largest. Although many would argue such infrastructure improvements are coming late it is a significant step towards dealing with congestion problems and will make the port as one of the top ranked globally. By increasing the country s container handling capacity and shipping services the role of India as a transhipment hub is also promoted. India Not Involved in Major Trade Partnership: The recently agreed Trans Pacific Partnership (TPP) involves -- countries including two of India s biggest export destinations, US and Singapore.

...Large coalition governments complicate policymaking at the centre as coalition partners and outside parties pursue their own agendas. The competence of state government varies enormously across India s -- states and union territories. ...

  
Source:
Document ID
2040-9737
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "India Shipping Report" Oct 31, 2015. Alacra Store. Dec 05, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Shipping-Report-2026-899>
  
APA:
Business Monitor International - Industry Reports. (2015). India Shipping Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 05, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/India-Shipping-Report-2026-899>
  
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