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Ports

Complete information about ports

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Priyansh Sharma
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0% found this document useful (0 votes)
9 views

Ports

Complete information about ports

Uploaded by

Priyansh Sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
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> Content:- m Introduction = Uses of ports m Major ports in India m Market size = Investments = Reason to invest = Investments opportunity = Financial support = Government incentives = Achievements = Future scope > Uses of ports:- a Sea ports are the most common types of ports around the world which are used for commercial shipping activities . = These ports are built on a sea location and enable the accommodation of both small and large vessels. = Numerous seaports are situated along the coastline and actively handle the ongoing cargo transactions > Major ports in india:- 1. Kandla Port, Gujarat . Jawaharlal Nehru Port, Maharashtra . Mumbai Port (Largets Port of India) Visakhapatnam Port, Andhra Pradesh . Chennai Port (Second Largest Sea Port in India) .. Mormugao Port, Goa NAW WN Port Blair Port, Andaman and Nicobar Islands Tidal Port | Riverine Exports raw iron to Japan Nptural Naval Base Oldest and artificial > Market size:- During FY18, cargo traffic at major ports in the country was reported at 679.36 million tonnes In FY19 traffic has increased 2.90 per cent year-on-year to 699.05 million tonnes. Cargo traffic at non-major ports was estimated at 491.95 million tonnes FY 18 and grew at 9.2 per cent CAGR between FY07-18. The major ports had a capacity of 1,452 million tonnes by FY18 end. The Maritime Agenda 2010-20 has a 2020 target of 3,130 MT of port capacity. > Investments:- Essar Ports will invest US$ 70 million in Hazira port by 2020. The Indian government plans to develop 10 coastal economic regions as part of plans to revive the country’s Sagarmala (string of ports) project. The zones would be converted into manufacturing hubs, supported by port modernization projects, and could span 300-500 km of the coastline. Ports sector in India has received a cumulative FDI of US$ 1.64 billion between April 2000 and March 2019. > Reasons to investe:- a The Ministry of Shipping strives to increase the overall port capacity to 3500+ million metfic tonnes per annum (MMTPA) to cater to projected traffic of 2500 MMTPA by 2025. m= The capacity addition at ports is expected to grow ata CAGR of 5-6% till 2022, adding 275-325 million metric tonnes (MMT) of capacity. India’s cargo traffic handled by ports is expected to reach 1,695 MTPA by 2020. The National Maritime peyelonmeny Programmed (NMDP) has been formulated by the Ministry of Shipping. The total investment involved under the programmed is US$ 14.3 bn. Port projects involving investment of over USS 10 bn identified for award for the upcoming five years. > Investment opportunity:- “Ship building *Ship repair *Ship recycling +Development of inland waterways and inland water transport +Port and harbor construction projects Port and harbor maintenance projects > Financial support:- a Total allocation made to Ministry of Shipping in 2019-20 stands at US$ 272 mn. = Total capital expenditure allocation in the union budget 2019-20 stands at USS 38.1 mn. m= Total budget allocation towards the development of major ports stands at USS 14.08 mn and is US$ 15.7 mn for minor ports. = An allocation of US$ 78.7 mn has been made towards the Sagarmala Projects. = The total allocation towards inland water transport stands at US$ 108.3 mn. > FDI policy:- @ ~The Government of India allows 100% FDI under the automatic route for port development projects. > Foreign investors:- *AP Moller Maersk (Denmark) *PSA Singapore (Singapore) *Dubai Ports World (UAE) +Hyundai Engineering and Construction Company Limited (South Korea) > Government Initiatives :- = Net profit at major ports has increased from Rs 1,150 crore (USS 178.4 million) in FY13 to Rs 3,413 crore (USS 529.6 million) in FY18 while operating margin increased from 23 per cent to 44 per cent. = In May 2018, Ministry of Shipping allowed foreign flagged ships to carry containers for transshipment. = In March 2018, a revised Model Concession Agreement (MCA) was approved to make port projects more investor-friendly and make investment climate in the sector more attractive. > Achievements:- = Under the Sagarmala Programme, 89 projects were completed, while 443 projects worth US$ 617.9 bn are under various stages of implementation and development. *The average turnaround time (in hours) reduced to 60.48 hours (up to 31 October 2018) from 64.32 hours in 2017-18. +The average output per ship berth has increased to 16,166 (up to 31 October 2018) from 15,333 in 2017-18. *Six new port locations — viz Vadhavan (Maharashtra), Enayam (Tamil Nadu), Tajpur (West Bengal), Paradip Outer Harbour (Odisha), Sirkazhi (Tamil Nadu) and Belekeri (Karnataka) have been identified to increase overall cargo handling capacity. > Future scope:- m= Increasing investments and cargo traffic point towards a healthy outlook for the Indian ports sector. m The capacity addition at ports is expected to grow at a CAGR of 5-6 per cent till 2022, thereby adding 275-325 MT of capacity. m= Under the Sagarmala Programme, the government has envisioned a total of 189 projects for modernization of ports involving an investment of Rs 1.42 trillion (US$ 22 billion) by the year 2035. | THANK YOU |

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