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How policy, private capital and heavy equipment are redefining India’s port equipment industry.

India to develop world-class mega ports, trans-shipment hubs

Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.

India to develop world-class mega ports, trans-shipment hubs

Union Minister for Ports, Shipping, Waterways Sarbananda Sonowal has said that India is aiming to increase the supply chain efficiency and lowering logistics costs to facilitate achieving its well-defined goal of being a $5 trillion economy by 2025.

Good transshipment facilities will drive port sector growth

In spite of the vast coastline and more port facilities across the coastline, India is still lagging behind many ports in the region in cargo handling efficiency. Anil Bhatia, Vice President - Sales & Marketing, TIL, elaborates on the market scenario and outlook.

Gaining Momentum

Ports sector in India is gaining momentum with steadily growing cargo traffic and the expansions progressing at various ports. Development of new ports add to this momentum. Port equipment players are looking at this trend positively.

Ports of Opportunities

Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.

Crushing basalt in Djibouti

Djibouti is located at the junction of the three rifts - the East African, the Gulf of Aden and the Red Sea rifts. It plays a crucial role for import and export, representing a major gateway connection.

A Game Changer

With Krishnapatnam Port soon becoming the hub for industrialisation in the region, coal imports are surging with an expectation to hit 100 mtpa in the next 10 years. Krishnapatnama Port Company Ltd (KPCL) has always been a step ahead of the demand by increasing its port capacity and operational efficiency.

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