Presently, Indian ports handle more than 90% of India’s total EXIM trade volume. However, the current proportion of merchandize trade in Gross Domestic Product (GDP) of India is only 42 per cent, whereas for some developed countries and regions in the world such as Germany and European Union, it is 75% and 70% respectively. Therefore, there is a great scope to increase the share of merchandising trade in India’s GDP.
