I. ABSTRACT
Ports are a connecting link between the domestic market and the world market. They serve economic,social and environmental benefits. Even if one looks back at history, India has used ports as a medium to facilitate trade.The coastal areas of India whose location makes it viable for ports to be set up, have been a busy center for trade and commerce. The Planning, operation and management of ports becomes an issue of public policy. Sea ports serve global maritime trade and are part of supply chains. Hence, it becomes an area of public interest and the Govt shoulders the responsibility of regulating and managing the ports. Sea transport is cheapest as compared to other transport systems when concerned only with load carrying. Industries need to ascertain that they can safely and efficiently deliver their finished products to world markets and import raw materials as well. Industries are often located near coastal belts. This paper aims to study port policy for emerging economies, specifically India.
II. Introduction
Ports are a primary part of transportation and help in integration in the global economy. Maritime sector provides a variety of services. Transporting people and cargo remains a major one.But then there are other supporting services as well like warehousing,custom clearance, towing,cargo handling. Around 90% of the world’s commodity trade is carried out using sea transport.With the world becoming more environmentally conscious, the sea transport system gains more attraction.
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