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Talk for 3 years, still no action.

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  1. #1
    Pluto
    Pluto is offline eTI Iron

    Talk for 3 years, still no action.

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    Is India a NATO country. No Action Talk Only
    -------------------------------------------------------

    It takes India's state-run ports four times as long as rivals elsewhere in Asia to unload and reload container ships.

    Mumbai, September 18:

    A USD 12.4 billion plan to upgrade India's ports to keep pace with economic expansion promised much, but in three years there has been little progress beyond initial announcements and private firms are opting to build their own.

    It takes India's state-run ports four times as long as rivals elsewhere in Asia to unload and reload container ships, and improvements are being held back by poor planning, red tape and bureaucracy.

    Bids for an offshore container terminal for Mumbai Port, for example, were submitted in 2005 but the project only got the go-ahead in August. There is no completion date.

    "If this is the pace of creating the infrastructure, then we are definitely going to face a situation where trade will have to suffer, or will suffer on account of non-availability of infrastructure," said Atul Kulkarni, senior manager at consulting firm Deloitte Touche Tohmatsu India.

    India's ports are already at breaking point -- port officials say capacity needs to be increased by 130 percent to meet an expected doubling in shipments to 1.2 billion tonnes over the next five years -- and delays could put a brake on economic growth, which has averaged 8.6 per cent over the past three years.

  2. #2
    Ricky
    Ricky is offline eTI Silver

    Re: Talk for 3 years, still no action.

    Well, only hope is private sector here.
    Rel has just initiated to build a port. I do not remember its details but its partner ship of few private firms.

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