Following the 17th meeting of the Maritime State Development Council—the apex advisory body for the development of the maritime sector—it was announced that the Government will set up a committee to assess the potential of over 150 ‘non-major’ ports in the country, and consider linking them with ‘major’ ports to form a national grid of ports.
‘Non-major’ ports are regulated by various state maritime boards. While major ports continue to attract the bulk of the traffic (handling ~55% throughput), several non-major ports have also started handling substantial volumes. Non-major ports witnessed freight growth at a ten-year CAGR of 10.64% by 2018, compared to a ten-year CAGR of 2.79% for major ports. Read more
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