BL reported that in 2007-08, the growth of container traffic in Indian ports was more than 19% YoY at a throughput of 6.7 million TEUs.
The report said that in first quarter of the April to June 2008-09 fiscal, the container throughput in Indian ports was 1,056,556 TEUs compared with 9,41,829 TEUs in the same period of 2007 -08, thus posting 12.18% growth.
In the first half of the current year, the sea ports of China handled 56.98 million TEUs, registering an increase of 16.6 per cent over the same period of last year.
It is estimated that at this growth rate the throughput will reach 21 million TEUs by 2016, which means India has to add substantially to its container handling capacity in ports.
The report said that in first quarter of the April to June 2008-09 fiscal, the container throughput in Indian ports was 1,056,556 TEUs compared with 9,41,829 TEUs in the same period of 2007 -08, thus posting 12.18% growth.
In the first half of the current year, the sea ports of China handled 56.98 million TEUs, registering an increase of 16.6 per cent over the same period of last year.
It is estimated that at this growth rate the throughput will reach 21 million TEUs by 2016, which means India has to add substantially to its container handling capacity in ports.