The increasing use of containers as the preferred mode of transport for individual commodities has been on a steady rise since the late 1950s. Containers accounted for ~7% of dry seaborne trade tonnes in the 1980s and now account for more than ~20%. The future of containerization looks promising while one wonders how robotics, automation, and 3D printing as well as evolving consumer habits will change the global manufacturing footprint.
As India charts its way to become 'Atmanirbhar' and becoming a USD 5 Trillion economy, the potential of container handling in India is expected to be huge.
Essar Ports believes in creating world-class assets and is in the process of developing terminals both in India and Overseas.