Attaining world-class port standards high on India’s agenda

With the unveiling of Maritime Agenda 2010 – 2020 India is gearing up for an accelerated nationwide port modernisation exercise, which is imperative given the bullish trend forecasted for the country’s share in global exports for the next five years.


Under the ten year agenda, India’s port sector will invest US $66 billion, of which the majority will be from private sectors. An airtight multidimensional approach is necessary to ensure the success of the plan as well as to safeguard the investors’ interest. With a long coastline of 7500km and taking into consideration almost 95 percent of the country’s transportation of goods is by sea, ports development is key for India’s progress.


Both the major and minor ports of the country need to be equipped with the appropriate infrastructure as well as financial, technological and human resources to handle the fast track growth the country is experiencing and predicting, especially in the shipping industry. Port Modernisation and Development India being held from 28 – 30 March 2011 at the Hilton Mumbai International Airport, will bring together an exclusive speaker panel to present strategy, technology, best practices and international case studies to better equip all relevant stakeholders in the country’s port sector.


The speaker line up at the summit comprises of experts from the Ministry of Shipping, Essar Ports and Terminals, Aditya Birla Ports, Mundra Port, Chowgule Ports and Infrastructure Pvt. Ltd, JSW Infrastructure and many more.
(Source:http://www.transportweekly.com)