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Construction : Transport Update | March 2017 | Source : Infrastructure Today

Eastern non-major ports to lead sustainable growth path | EY

Ernst & Young (EY), in association with the Andhra Pradesh Chambers of Commerce and Industry Federation, on the occasion of the East Coast Maritime Business Summit, has released a detailed research report on India's maritime sector. Backed with credentials, the report highlights the potential role of non-major ports on the east coast of the country in leading the sustainable growth path for the country's maritime trade. With non-major ports emerging to constitute a whopping 43 per cent of total traffic in FY16, up from 10 per cent in FY81, this reflects a huge shift in trade over a period of 10 years with the latter emerging as a better choice compared to major ports on the back of strategic location, modernisation, efficiency and better infrastructure.
 
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