India has been an emerging and vibrant economy with a huge market and the potential to grow as the fastest economy of the world. This economic upsurge is one of the important drivers for the growth of Indian Ports in the years to come. Coupled with this, the technological changes in shipping sector have triggered the growth in Indian Ports and provided stimulus for cargo handling. Modernization of Ports 1) policy initiatives taken by the Government for increasing the pace of privatization and formulation of guidelines for fixation of upfront tariffs. 2)The maritime states also have come up with several policy initiatives and identified potential locations for development of new outlets. 3) Thus, the major ports and non-major ports have assumed complementary roles, besides creating healthy competition which in turn enabled the sector to provide cost effective and quality service to the customers. Future Plans 1)
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