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Government Initiatives Help India's Maritime Transport Industry Grow, an Industrial Info Market Brief

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Industry Segment: Market Brief | Word Count: 79 Words
Attachment: Indian Maritime Sector

India has identified projects worth $10 billion that are to be undertaken over the next five years in the maritime transport sector. The country's Ministry of Shipping has already allowed foreign-flagged ships to carry containers for transshipment. A revised model concession agreement has been approved to make port projects more investor-friendly.

Industrial Info is tracking maritime projects worth $21.6 billion in India. Click here for a list and see graph below for investment by state.

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