An infographic released by freight forwarders Tuscor Lloyds shows India’s position as a treasure trove for future port and economic growth.
As a nation, India is rapidly climbing the ranks as one of the largest trading countries in the world, having shifted more than a billion tonnes of cargo in 2015.
This amount is anticipated to increase to more than 1.7 billion tonnes by 2017.
Technical Paper: Krishnapatnam Port: driving Indian growth
The four areas of development are: port connectivity improvement, port modernisation, port-led industrial development and coastal community development.
Technical Paper: Ports and Terminals in India
India is also currently cited as the fifth largest automotive market in the world, with the globe’s second largest population (1.25 billion).