Ports in Kutch
Globalization and liberalization of markets are significantly increasing, making the world smaller as we speak, these advancements demand the movement of merchandise, goods and services, and for the wide range of activities in the logistics sector. Globalization of goods and services is at an all-time high, where foreign industries are coming to countries like India, for all kinds of benefits and in the process opened up avenues for growth. Globalization is heavily dependent on logistics, shrinking the world borders in happening because of the advancements in transportation & logistics. Kutch serves at the for-front of a logistically well-located district of Gujarat, as it has fully functional & capable access to the sea via 3 major ports.
The container business in India is growing at a brisk clip, as importers and exporters are increasingly shifting away from general cargo. Containerised traffic is growing by almost 20% annually, nearly double the global average.
The proposition of developing trade and logistic hub in Kutch seems to be more lucrative than ever because of the following favourable factors:
- Kutch has a long coastline with a number of minor, developing and major ports with most amenable port conditions.
- Ports of Kutch are already handling 23% of total port traffic of India and this is likely to increase to 30% by the next five years.
- It is located midway between the Western and Eastern markets and hence has a potential to act as a transit point for international transhipment cargo and throws off the potential for re-exports to some of the imported items for the vast hinterland to countries in the Gulf and middle-east.
- Adequate facilities available for handling container traffic (at Kandla and Mundra P&O Terminal).
- The vast hinterland of North-West India, which can be served best by Kutch ports.
- Nearness to the Middle East / Northern Africa.
- Critical multimodal connectivity already existing and also being upgraded.
Under this scenario, it makes sense to develop a Trade and Logistics Hubs near Kandla and Mundra Port.