India: The slow but steady emergence of coastal shipping

Overview

Despite India’s vast coastline and the natural opportunities it offers for efficient movement of domestic cargo by sea, coastal shipping still comprises just a small share of the country’s transportation market. This sector is representative of India’s generally underdeveloped infrastructure, with its stretched capacity, insufficient investment and inadequate government support. As a result, at a time when coastal shipping is desperately needed, it finds itself at an undeserved...