India, known for oceanborne trade since time immemorial, had lost focus on the business and bilateral trade potential that the maritime sector has mainly due to procedural delays and policy paralysis. Dotted with 13 major ports and about 200 non-major ports, the maritime sector is in revival mode, thanks to initiatives like the proposed Sagarmala Project, write Jessy Iype and Prathiba Raju of Elets News Network (ENN) 

The Indian port sector is looking up. Developments are taking along the shore. The Shipping Ministry´s ambitious plan of Maritime Agenda 2020 focuses on regaining the lost lustre of the maritime sector. Waterways transport, which carries nearly 95 per cent of India’s trade by volume and 70 per cent by value, will showcase 1,758 MMT cargo traffic by 2017. It is expected to handle two billion tonnes of cargo by 2016-17 and 2.4 billion tonne by 2019-20.

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