Benefits of shipping cargo to India
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India is a country in South Asia. It is the seventh-largest country by area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the south-west, and the Bay of Bengal on the south-east, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north-east; and Burma and Bangladesh to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; in addition, India's Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.
Home to the ancient Indus Valley Civilization and a region of historic trade routes and vast empires, the Indian subcontinent was identified with its commercial and cultural wealth for much of its long history. Four world religions—Hinduism, Buddhism, Jainism, and Sikhism—originated here, whereas Zoroastrianism, Christianity, and Islam arrived in the 1st millennium CE and also helped shape the region's diverse culture. Gradually annexed by and brought under the administration of the British East India Company from the early 18th century and administered directly by the United Kingdom from the mid-19th century, India became an independent nation in 1947 after a struggle for independence that was marked by non-violent resistance led by Mahatma Gandhi.
According to World Bank, the Indian economy is the world's tenth-largest by nominal GDP and third-largest by purchasing power parity (PPP). Following market-based economic reforms in 1991, India became one of the fastest-growing major economies; it is considered a newly industrialized country. However, it continues to face the challenges of poverty, illiteracy, corruption, malnutrition, and inadequate public healthcare. A nuclear weapons state and a regional power, it has the third-largest standing army in the world and ranks ninth in military expenditure among nations. India is a federal constitutional republic governed under a parliamentary system consisting of 28 states and 7 union territories. India is a pluralistic, multilingual, and multiethnic society. It is also home to a diversity of wildlife in a variety of protected habitats.
Tue, 30 Jun 2015 02:56:15 -0700
Of 14,500 km of navigable inland waterways, only 5,200 km (36%) of major rivers and 485 km (3%) of canals can handle mechanised vessels. Only 0.5% of India's cargo traffic is handled by inland water-transport, compared to China at 8.7%, the US at 8.3% ...
Youth Ki Awaaz
Wed, 01 Jul 2015 02:22:30 -0700
July 1 (Reuters) - State-run Indian Oil Corp has launched a tender to buy a liquefied natural gas (LNG) cargo for delivery on August 6-7, trade sources said. The tender will close on July 7 and bids will remain valid until July 13, one source said ...
Fri, 26 Jun 2015 05:00:00 -0700
NEW DELHI/MILAN: State-run Indian Oil Corp (IOC.NS) has awarded a tender to buy a liquefied natural gas (LNG) cargo for delivery in mid-July to trader Vitol, sources with knowledge of the deal said. This is the second spot cargo procured directly by ...
The New Indian Express
Fri, 26 Jun 2015 00:07:30 -0700
MANGALURU: Mangaluru International Airport on Thursday became the first among 22 airports of the Airports Authority of India to commission the common user domestic cargo terminal (CUDCT). Mumbai-based Cargo Service Centre India that has bagged ...
Times of India
Sun, 14 Jun 2015 07:30:58 -0700
The Times of India. China. The Times of India. The Times of India Indiatimes Web (by Google) Video Photos. Advanced Search » · Home · City · India · World · Business · Tech · Sports · Entertainment · TV · Life & Style · Women · Spirituality · NRI ...
Times of India
Thu, 25 Jun 2015 12:07:30 -0700
This policy gave first preference to Indian ships to move cargo into India, provided they match the lowest rates quoted by foreign shipowners when Transchart calls for price quotations. This system was designed to provide cargo support to Indian ships.
Sat, 06 Jun 2015 22:28:20 -0700
On the security front, one of the more interesting agreements to emerge from Modi's trip so far has been a bilateral agreement that will grant Indian cargo vessels use of the China-backed Chittagong port and Mongla port in Bangladesh. This agreement ...
Fri, 05 Jun 2015 08:19:03 -0700
NEW DELHI: India's Mangalore Refinery and Petrochemicals has made its first purchase of Egypt's Ras Gharib crude, two sources with knowledge of the tender award said. The purchase is for loading in first half of July. Trader Vitol will supply the 600 ...