India’s Shipping Sector
India has a coastline which is more than 7,516.6 km long, interspersed with more than 200 ports. Most cargo ships that sail between East Asia and America, Europe and Africa pass through Indian territorial waters. India has reached 22nd rank in International Shipment category as against 44th rank in 2014.
Some Key Facts
- 16th Largest Maritime Country: India is the 16th largest maritime country in the world.
- Contribution in Trade: Indian Maritime Sector contributes to 95% of India’s trade by volume and 70% by value.
- 3rd Largest Ship Recycling: India is the 3rd largest globally in terms of ship recycling by tonnage.
- Average ....
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