Last Updated :
26 January 2012 at 10:00 IST
India's port capacity crosses 1 billion tons
NEW DELHI (Commodity Online): India's port capacity has risen to 1160 million metric tons as of December 2011.
As India charts its voyage as the port of call for world trade, ports and terminals see the critical need to meet the growing demand in both infrastructure and capacity for vessels crisscrossing between the West and the East.
About 95% of India’s overseas cargo by volume and 75% by value are carried by sea. Thus the major ports play a key role in facilitating external trade. Development of India’s Port and Shipping industry is therefore critical to sustaining current levels and achieving higher levels of growth in the years to come.
NCDEX STEELLONGJUN12 20 June 2012
contract was trading at
Rs 0 . What's your view on it?
After reading this article, people also read:
