The Shipping Ministry of India aims to convert 80% of its major ports to the landlord model by 2030, with port authorities focusing on regulatory functions while private companies handle operations. This shift is expected to improve operational efficiency, attract more investment, and modernize port infrastructure to meet global standards. T.K. Ramachandran, Chairman of the Indian Ports Association, emphasized the importance of this transition in enhancing competitiveness and support for Indian ports.
By adopting the landlord model, Indian ports can streamline operations, reduce bureaucratic hurdles, and encourage private sector participation in port management. This strategy is seen as a crucial step towards making Indian ports more efficient, competitive, and attractive to global shipping companies. The shift to this model is aimed at bringing Indian ports in line with international best practices and improving overall port performance.
The transformation of Indian ports to the landlord model is expected to drive growth, improve efficiency, and attract more investment in the sector. By delegating operational responsibilities to private companies, port authorities can focus on regulatory oversight and infrastructure development, ultimately leading to a more competitive and modern port system in India. This strategic move is seen as essential for enhancing the overall performance and global competitiveness of Indian ports in the long run.
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