Indian Ports and Globalisation

Grounding Economics in Geography This paper is concerned with the economics of Indian ports as one important phenomenon in Indian economic geography, and its relationship with regional development under the free market economy. A port performance index derived with the help of principal component analysis of eight individual port performance indicators shows that overseas traffic intensity is the most significant determinant of performance. With increasing openness of the economy and absence of an integrated policy toward export transport network, there is a decline in export intensity and rising domestic coastal traffic in Indian ports.