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Home > All news > APSEZ, Port, Shipping, Trade > Indian Ports hold key to Global Maritime Trade’s future

Indian Ports hold key to Global Maritime Trade’s future

August 31, 2024
Reading Time: 3 minutes

According to a report by McKinsey & Company, the Indian maritime sector is currently worth about 130 billion and is expected to grow to 300 billion by 2025.

Mumbai - Indian ports, with their rich historical heritage and modern strategic importance, serve as important catalysts for economic growth, global trade and extensive employment opportunities. Thus, the Indian ports sector has the potential to play a vital role in India’s journey to becoming a $5 trillion economy.

India has been in the whitelist of the International Maritime Organization for a . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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