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A thorough article on India’s ports business from Livemint and the knowledgeable P Manoj. The government has earmarked large sums to build a new transhipment port on the southern tip of India, to reduce the country’s reliance on Colombo. At the moment, about 25% of India’s volumes go through ports in other countries, such as Singapore, so it is looking to build new ports – which included Cochin, a “first experiment … which is floundering”. This article warns that unless India facilitates transhipment in the country and cuts red tape, the efforts could fail.
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