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India Port Report Numbered

India Port Report Numbered

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Published by zarrar_97

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Published by: zarrar_97 on Jan 08, 2010
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India Port Report
Ten years of reforms and challenges ahead 
Prepared by
Research & Consulting Division
206 Hermes Atrium, Plot 57,Sector 11, Central Business District,Belapur, Navi Mumbai - 400614.India
: +91-22-2757 7834
: +91-22-2757 9612
: consult@imaritime.com
: www..imaritime.com
orts along the 6,000-odd kilometre-long peninsular coastline of India have suddenly become the cynosure of investor and public policy attention in India. Perhaps next to telecommunications and roads, it is ports that now seem to be most potential destination for wide-ranging investment and modernisation. This is barely surprising considering that cumulative pressure for widespread policy-related reforms in the port sector coupled with growing investor interest in taking up port projects has been building up ever since the country embarked on the path of economic liberalisation and opened its doors to forces of globalisation. The pace of has particularly gathered momentumsince the government invited private sector participation in development of port infrastructure, especially in designatedmajor ports of the country in 1996. The story of Indias efforts to modernise its port infrastructure and bring them onpar with the international benchmarks arguably got a kick-start with the establishment of Nhava Sheva InternationalContainer Terminal (NSICT), the first ever private international container terminal to be set up in the country. Indeed,there has been no looking back on port modernisation since then and spate of new container terminal projects now being taken up in many other major public ports in the country, is now an irreversible reality that is looking for many bold challenging and entrepreneurial responses.However, the roadmap to port reforms in the country is littered with many a complex and befuddling issues that notonly defy simplistic solutions but also call for bold imagination and innovative solutions that are not easy to come by. There has been acute lack well-researched information on the port sector not to speak of well-tested methodologiesand case studies in port research and studies in India. Overall macro-economic development objectives of public policy rather than considerations of business and enterprise-level efficiency and optimisation of port organisations haveguided much of the understanding about the working of the ports in the country. Both for the policy reformers and forthe potential investors in the port sector, this legacy poses formidable challenges in terms of reconciling the seeminglconflicting demands, especially in absence of a meaningful resolution of many key issues of concern. At the threshold of momentous transition, this conundrum in the port sector presents both promises of bringing about lasting changes in framework conditions in which the future of port sector in the country is to be mapped, as alsothe opportunity to review and rework priorities in this crucial sector, which will have important bearings on the futureof the economy as a whole. India Port Report, a first-ever study of its kind in the port sector in the country essentially taken up from a contemporary business perspective, is a modest attempt to untangle some of the vexed issues. Therehave indeed, been many project-related and port-specific studies by a number of technical and business consultants tothe port and shipping sector, including a detailed perspective plan for Indian port sector conducted by RITES for theMinistry of Shipping. These studies have been however, difficult to access in the public domain and have not hadnecessary impact on the broader public debate and understanding of the macro-level workings port sector as a whole. We have long since felt the need for an all-encompassing report on the Indian port sector, and it has been our endeavourto present in this study a multiple facets of the port services industry in the country, including an overview of regulatory issues in the port sector, though the level of treatment of issues is intended to be essentially inviting rather than being 

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