Rising Exports – A Sign of Revival for Indian Shipping Industry?

Ten percent increase in India’s overseas container volumes in 2016, appears to be an early indicator of a strengthening economy. From the exports perspective, India has emerged cost competitive in supplying stones to Saudi Arabia, as compared to China.
China witnessed price rises due to up-grade of their stone production units and Spain shifted their sourcing base to India, supporting an increased supply from India. The exports of ceramics and tiles witnessed the highest growth, of 16%, due to strong demand from Saudi Arabia. These factors contributed to the increase in volumes for the Indian shipping industry. Moving to inland rail transportation of export-import containers, the Container Corporation of India (CONCOR) witnessed a growth of 7.8% in overall traffic in the year 2016-17 and 9.2 % specifically in the export and import (EXIM) segment.
The second edition of International Tradeshow for the Maritime & Logistics ecosystem – Maritime Nation India 2017, brings together service users like exporters-importers, service providers like shipping lines and CONCOR and includes conferences on “Trade Lanes & Shipping” and “multi-modalconnectivity”. The tradeshow has already received support from the minister of shipping, minister of railways, Industry bodies like IMC Chambers of Commerce and Industry, Navi Mumbai Merchant Chamber Business and Industries (NMCBI), Maharashtra Chamber of Commerce, Industry & Agriculture (MACCIA) and will bring together every facet of trade lanes and shipping, and feature a conversation with the industry’s key speakers and a shipping industry keynote.

The first edition – Maritime Nation India 2016 brought over 2000 industry professionals, 60 eminent speakers, and 40 exhibitors from 10 countries
Businesses and business leaders desirous of marketing exposure are invited to connect with the organizers to benefit from the rapidly emerging maritime industry in South Asia.
Reserve your space now!! https://maritime-world.com/mni2017/Register.html

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