Approximately what fraction of India’s trade by volume is moved by sea ?
Approximately what fraction of India’s trade by volume is moved by sea ? Correct Answer 95%
The correct answer is 95%
- Approximately, 95 percent of India's trade by volume (70 percent in terms of value) is moved by sea.
Key Points
- As far as the Indian subcontinent is concerned, in the transport sector of India's economy, shipping plays an important role.
- There are two geographical factors that put the Indian maritime sector at an advantageous position; in the future, the vast coastline of 7,500 km with a coastline close to 7,517 km and 12 major and 187 minor ports in India will be possibly used for shipping and transshipment destination.
- There is administrative importance to the classification of Indian ports into major, minor, and intermediate.
- Maritime transport comes under the "concurrent list" according to the federal system and according to its constitution, to be governed by both the central and state governments.
- While the major ports are managed by the Central Shipping Ministry, the minor and intermediate ports are managed in the nine coastal states by the relevant departments or ministries.
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Feb 20, 2025