Cargo Breaking News
“Currently in India we have achieved approx 50 per cent containerisation and eventually we need to reach the level of 70-80 per cent which the developed countries have already achieved. The size of multimodal logistics for EXIM cargo in India is approx four million TEUs, we have had 18 continuous months of drop in exports, however the ports volumes are marginally up by four per cent, which means that there is an increase in imports. Hence, the current growth rate is apex two per cent which is likely to increase in coming years,” says, Vivek Kele, President, AMTOI.
