Abstract

Infrastructure is a key factor in the economic development of a nation. India is considered an emerging economic super power, along with China. Whereas China has entered into global market with the help of its world class infrastructure, India has still not been able to fully develop its world class infrastructure. Indian ports in particular are under tremendous burden of increased imports and exports in the last few years. The result is frequent reports of port congestion, delays in the shipment of export consignments and consequent loss of credibility in the overseas markets. Ports are an important link in the supply chains that connect manufacturers with the markets. Efficient and well equipped ports will help India to take its rightful place in the world economy. This paper attempts to discuss various challenges and opportunities for Indian ports and highlights their importance for the growth of Indian economy.

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