3rd Annual India Port Expansion and Capacity Upgrading Summit, 2012
The overall port capacity in the country is expected to grow at a CAGR of 13.3% from 1,020 million tonnes in FY11 to 3,130 million tons in FY20. The capacity at non␣␣major ports is projected to expand at a faster CAGR of 18% during FY11––20 from 375 million tonnes to 1,670 million tonnes. As compared to this, the capacity at major ports is expected to grow at a CAGR of 9.5% during this period, from 645 million tonnes to 1,460 million tonnes. The share of non major ports in port capacity is anticipated to increase from 36.8% in FY11 to 53.4% by 2020.
The 3rd India Port Expansion Summit, hosted on 22nd - 23rd November, 2012 in Mumbai brought together key players in the Indian Port industry to discuss the current state of the port industry and to exchange ideas regarding the way ahead.