Despite global trade tensions and restrictions, India’s port sector is charting a robust growth trajectory outpacing many major economies, according to a PL Capital report. The surge is driven by rising domestic consumption, expanding trade volumes and stong government led infrastructure initiatives. The report highlights a direct link between port development and economic growth, noting that India’s ambition to become a global manufacturing hub and its aggressive export push are key catalysts. These factors are propelling the expansion of both the port and logistics sectors, positioning India as a rising force in global maritime trade. Cargo volumes at Indian ports have expanded at a compound annual growth rate (CAGR) of 6.2% between FY02 and FY25, with non-major ports outpacing their major counterparts—growing at
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