Abstract :
Ocean transport still plays a vital role in international trade of India as it presently covers almost 95 percent of the total volume of trade of world trade, even in the post liberalisation period, despite the growth of air transport. Indian ports comprise of both Major as well as Minor Ports. Both of which cater to the massive expansion in the volume of India’s sea borne trade, even, in this era of globalisation, in response to the emerging trend in global sea–trade. This paper therefore attempts to make a comparative study between the growth of Overseas and Coastal Trade at ports in India during the period 1980-81 to 2009-10 (over the four consecutive decades), thus, specifying the role of Major and Minor ports, with a view to assess both statistically and mathematically the performance of these ports in the above trade performance.
Keyword :
Overseas and Coastal Trade; Mathematical and Statistical methods; Trade Intensity; Indian Ports