In order to form a national grid connecting all ports, the government has decided to form a committee that will assess the development potential of around 150 non-major ports in the country and will subsequently link them with major ports. This interlinking will aid India’s growth in terms of its export- import (EXIM) cargo.
Traction in Inland Waterway projects will open up several business opportunities for the port sector players As per an ICRA Report on the Indian Ports Sector, Traction in Inland Waterway projects will open up several business opportunities for the port sector players; Iron ore and POL support overall volumes as coal volume growth continues to plummet.
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