Increased economic activities to boost the shipping and port industry in India, finds Netscribes

Netscribes (India) Pvt. Ltd., launches a report on the Shipping and Port Industry in India 2011 as part of Netscribes' Logistics series. End Quote

(1888PressRelease) April 20, 2011 - Netscribes (India) Pvt. Ltd., a knowledge consulting solutions company, announces the launch of its Shipping and Port in India 2011 report. Favorable government policies and initiatives are leading to significant industry growth.

The report begins with an overview of the Indian shipping sector comprising of a brief about the Indian fleet size and various kinds of vessels operating in India. This is followed by an overview of the sub-segments in the market such as coastal shipping, ship building and ship repair in India. It includes information about the present and projected tonnage to be carried by Indian vessels, market size figures of ship building and ship repair sector in India. Present and projected capacity and market potential figures of these sectors have also been included to provide a strong insight into the industry. It is immediately followed by a description of the Indian port sector providing information about the various policies and initiatives taken by the government. It covers all 13 major ports and an brief overview of non major ports with the projected commodity and capacity estimation of all Indian ports thereby providing an all round description about the present and forthcoming market scenario.

The major government bodies regulating this sector have been described and the policies adopted by the government have also been analyzed including PPP policy and the FDI policy. The key initiatives of the government identified include the establishment of Port Community system and the approval of the Model Concession Agreement (MCA). Key opportunities identified in the industry include the increased EXIM trade of important commodities in the country such as steel, LNG, oil, food items and coal. An analysis of the issues and challenges explains the factors posing as a hindrance to the industry including taxation and insurance issues, manpower issues and poor connectivity of ports.

The competition section provides an overview of the competitive landscape in the industry. It also includes a detailed profile of the major players of cargo transportation, shipbuilding and repair in the market including their financials and expansion plans.

For more details on the content of each report and ordering information please contact:

Gaurav Kumar
Tel: +91 33 4064 6214

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Increased economic activities to boost the shipping and port industry in India, finds Netscribes by Netscribes