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The impact of India’s economy on the development of seaports

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EN
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EN
India’s diversified economy includes traditional and modern agriculture, crafts, modern industries and a variety of services. In 2017, almost half (48.93%) of India’s GDP was generated by the service sector, whereas the industrial sector accounted for 26.16% and agriculture 15.45%. Despite a short-term economic downturn caused by a demonetisation and implementation of compulsory tax on goods and services, the continued favourable economic growth, including sustainable growth of the gross domestic product, revenue per capita, private consumption and public investment, as well as the improvement of other economic indicators, for example, car sales indicate that India’s macroeconomic conditions are generally stable. Structural reforms introduced by the government contribute to enhanced productivity among domestic businesses and attract more foreign direct investment. Due to its geographical location, India has been using sea transport to promote its international trade. However, with too few deep-sea ports and limited cargo handling capacity, its seaports can handle only some of the largest intercontinental ships. This article discusses India’s economic situation, with particular regard to the GDP growth in 2000-2017 and foreign trade. The analysis covers growth in cargo handling in main ports in India in 2000-2018. It discusses the port development project of Sagarmala introduced by the Government of India in 2015. The project is expected to solve problems associated with the performance of Indian ports and strengthen the Indian maritime sector to meet the ever-growing demand for goods transported by sea.
Rocznik
Tom
Strony
169--182
Opis fizyczny
Bibliogr. 33 poz.
Twórcy
  • The International University of Logistics and Transport in Wrocław, Sołtysowicka 19B Str., 51-168 Wrocław
Bibliografia
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  • 3. CNN Business. Available at: https://edition.cnn.com/2019/04/05/economy/narendra-modi-economy-election-india/index.html.
  • 4. Developing Ports: Sagarmala Project. Available at: http://www.makeinindia.com/article/-/v/developing-ports-sagarmala-project.
  • 5. DownToEarth. Available at: https://www.downtoearth.org.in/tag/vizhinjam.
  • 6. Financial Times: India’s new private ports challenge ageing state giants. Available at: https://www.ft.com/content/b6892980-2e68-11e7-9555-23ef563ecf9a.
  • 7. GKTODAY, GK-Current Affairs_General Studies. Available at: https://currentaffairs.gktoday.in/tags/jal-marg-vikas-project.
  • 8. Government of India, Ministry of Finance. 2018. Sagarmala: Background. Available at: http://sagarmala.gov.in/about-sagarmala/background.
  • 9. IBEF. Available at: https://www.ibef.org/industry/indian-ports-analysis-presentation.
  • 10. India Brand Equity Foundation. Available at: https://www.ibef.org/industry/ports-india-shipping.aspx.
  • 11. India Briefing. Available at: https://www.india-briefing.com/news/sagarmala-developing-india-ports-aid-economic-growth12980-12980.html/.
  • 12. India: Government to Build Mega Container Terminal at Chennai. DredgingToday.com. October 2011.
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  • 18. Mindur M. 2009. Transport Europa-Azja. [In Polish: Europe-Asia transport]. Radom: ITE-PIB.
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  • 20. Mishra D. Sagarmala – Transformation of the Maritime Infrastructure and Make in India. April 2018. Available at: https://medium.com/@devsenamishra/sagarmala-transformation-of-the-maritime-infrastructure-and-make-in-india-4ba48ec0c80b
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  • 22. Sagarmala. Available at: http://sagarmala.gov.in/project/port-modernization-new-port-development.
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  • 24. Mindur M. (Ed.). 2017. Logistyka. Nauka-Badania-Rozwój [In Polish: Logistics. Science-Research-Development]. Radom: ITE-PIB.
  • 25. .Obed Ndikom, Nwokedi Theophilus C., Sodiq Olusegun Buhari. 2017. “An appraisal of demurrage policies and charges of maritime operators in nigerian seaport terminals: the shipping industry and economic implications”. Naše More 64(3): 90-99.
  • 26. Ojadi Francis, Jackie Walters 2015. “Critical factors that impact on the efficiency of the Lagos seaports”. Journal of Transport and Supply Chain Management 9(a180): 1:13. ISSN: 2310-8789.
  • 27. Poonawalla S., R. Sinha. Will Vizhinjam port fulfill India's maritime dream? Rediff Business. December 2015. Available at: https://www.rediff.com/business/column/will-vizhinjam-port-fulfill-indias-maritime-dream/20151214.htm.
  • 28. Statista. Available at: https://www.statista.com/statistics/271329/distribution-of-gross-domestic-product-gdp-across-economic-sectors-in-india/.
  • 29. The News Minute. Available at: https://www.thenewsminute.com/article/kerala-s-vizhinjam-port-commissioning-deadline-extended-october-2020-96738.
  • 30. The WIRE: Nearly 81% of the Employed in India Are in the Informal Sector: ILO, maj 2018. Available at: https://thewire.in/labour/nearly-81-of-the-employed-in-india-are-in-the-informal-sector-ilo.
  • 31. The World Bank. Available at: https://data.worldbank.org/country/india.
  • 32. World Economic Outlook Database. April 2019. International Monetary Fund. Available at: https://www.imf.org/external/pubs/ft/weo/2019/01/weodata/weorept.aspx?sy=2018.
  • 33. World’s Top Exports. Available at: https://www.worldstopexports.com/indias-top-10-exports/.
Uwagi
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Opracowanie rekordu ze środków MNiSW, umowa Nr 461252 w ramach programu "Społeczna odpowiedzialność nauki" - moduł: Popularyzacja nauki i promocja sportu (2020).
Typ dokumentu
Bibliografia
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