DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e3a824/india_freight_tran) has announced the addition of the "India Freight Transport Report Q1 2012" report to their offering.
India's economy and trade continues to expand rapidly. BMI expects this growth to slow, but the expansion will remain considerable over our forecast period. The volumes of dry bulk and containers being processed at the country's facilities are causing congestion at the ageing state-owned ports. This is leading to a raft of new private facilities being established all over the country. These new ports are benefiting from increased inter-modal links with India's considerable rail network.
Rail operators have been introducing new services connecting to ports over the past quarter.
Headline Industry Data
- 2011/12 Port of Kandla tonnage throughput growth forecast is 2.2% and is projected to average 8.0% a year to 2016.
- 2012 rail freight tonnes-km growth forecast is 5.5% and is projected to average 6.5% to 2016.
- 2012 air freight tonnes growth forecast is 7.1% and is forecast to average 7.4% to 2016.
- 2012 total trade real growth forecast at 7.0%, and to average 9.3% to 2015.
Key Industry Trends
- DHL To Make Regular Bangalore Stop
- Dedicated Freight Corridors Move Forward As Loan Agreement Signed
- Private Krishnapatnam Port Set To Become East Coast's Largest Container Facility
Companies Mentioned:
- Container Corporation of India (Concor)
- Indian Railways- Freight
- Air India Cargo
- Varun Shipping
- Mercator Lines
- Great Eastern Shipping (GE Shipping)
- Shipping Corporation of India (SCI)
For more information visit http://www.researchandmarkets.com/research/e3a824/india_freight_tran