All the ports of India is commercial trade city how? Explain it.
Answers
Answer:
Explanation:ndia has a coastline spanning 7516.6 kilometres, forming one of the biggest peninsulas in the world. According to the Ministry of Ports, Shipping and Waterways, around 95 per cent of India's trading by volume and 70 per cent by value is done through maritime transport. It is serviced by 13 major ports (12 Government-owned and one private) and 187 notified minor and intermediate ports. Port Blair which was notified as major port in 2010 was removed of its status recently. The total 200 major and non-major ports are present in the following States: Maharashtra (53); Gujarat (40); Tamil Nadu (15); Karnataka (10) and others (82).[1]
Government of India plans to modernise these ports and has approved a project called Sagarmala.[2] The ports and shipping industry in India play a vital role in sustaining growth in the country's trade and commerce. The Indian Government has allowed Foreign Direct Investment (FDI) of up to 100 per cent under the automatic route for port and harbour construction and maintenance projects. The government has also initiated National Maritime Development Programme (NMDP), an initiative to develop the maritime sector with a planned outlay of US$11.8 billion