India’s ports near busting point, says report
Indian ports are running at nearly their full designed capacity, according to a report released by Ernst & Young last week.
Titled Transforming Indian Ports into World Class Facilities, the report said the ports are running at 90 percent of capacity and need better information technology systems to handle current throughput, much less the volumes projected over the next five years.
Though India is planning to double its port capacity over the next five years, that may not be enough to stop the port congestion issue from hindering India’s growth, the report suggested. The authors also said that increased privatization is a must to cope with India’s 12 percent year-on-year cargo volume growth.