List of leading shipping companies in India

The growth in international trade has enabled developing countries to focus more on the improvement of their infrastructure, like roads, airports, seaports, which played a vital role in the development of the economy. Domestic production, storage, and the capacity to move large shipments from one country to another have placed the shipping industry in a very advantageous position.

Indian Shipping tonnage has registered remarkable growth, In FY22, all key ports in India handled 650.52 million tonnes (MT) of cargo traffic. India has the advantage of having a coastline that is more than 7,517 kms long, interspersed with more than 200 ports. And most cargo ships that sail between East Asia and America, Europe and Africa pass through Indian territorial waters.

With 6.8 million Gross Registered Tonnes (GRT) and a ranking of 17th in the world, India is one of the world’s major maritime nations.

The Indian government is also promoting the shipping and port industry. In Union Budget 2022-23, the total allocation for the Ministry of Shipping was Rs. 1,709.50 crore.

The government has also made it easier for businesses that develop, maintain, and operate ports, inland waterways, and inland ports to take advantage of a 10-year tax break. These factors altogether are helping the shipping industry to grow in India.

Here is the list of top shipping companies in India:

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FAQs about shipping companies in India

What is the length of the Indian coastline?

The Indian coastline is of 7,517 kilometres.

Which is the largest shipping company in India?

The Shipping Corporation of India, formed in 1961 by the merger of Eastern Shipping Corporation and Western Shipping Corporation, is India’s largest shipping company.

What are the problems faced by shipping industry?

The problems faced by the shipping industry are:

• Shortage of labour
• Higher fuel prices
• Need for better technological integration and up-gradation
• Geopolitical factors
• Technological sanctions and trade wars

What is the name of the largest port in India?

India’s largest major container handling port is the Jawaharlal Nehru Port Trust (JNPT) in Maharashtra.

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