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Leading Economic Impact of Major Port Investments on Port District Urbanisation in India

International Journal of Business Ethics in Developing Economies

Volume 11 Issue 1

Published: 2022
Author(s) Name: Prosenjit Mukherjee, Suparna Banerjee | Author(s) Affiliation: Bangabasi Evening College, Kolkata, West Bengal, India.
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Abstract

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The historical study of Indian urbanisation reveals that ports had played an important role since colonial times in both trade and urbanisation. Ports and shipping in India still play an important role in international trade, despite the tremendous growth of other alternative major modes and means of transport, such as airways. This is because ports presently comprise almost 70 per cent of the total value of the world trade, even in the post-liberalisation period, despite the growth of air transport. However, in this era of globalisation, with a gradual shift to a more outward-oriented trade regime, there has been a massive expansion in the volume of India’s sea-borne trade, together with a change in the composition of Indian port traffic, from break bulk to liquid bulk, dry bulk, and containerised cargo, with a decisive shift towards containerisation in the mode of cargo delivery post-1990s across both the Western and Eastern coasts of the country. To cope with the abovementioned challenge, coupled with the growth of world-class infrastructure in response to the emerging trend in global sea-trade and shipping trends, the growth of port urbanisation is highly affected, as a result of the corresponding port investments across both the coasts. This paper, therefore, assesses statistically the impact of port investments on port district urbanisation in India. While doing so, a comparative study between the ports on the Western and Eastern coasts has been attempted, to judge the performance of the coasts in this respect. The dominant leadership role of the Western coast is a major finding in this respect.

Keywords: Indian Major Ports, Western Coast, Eastern Coast, Port Towns, Port District

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