In the Indian logistics sector – comprising of packaging, storage, transport, inventories, administrative and management services of goods – transportation accounts for a quarter of total logistics costs. Maritime transport is a critical infrastructure for socio-economic development of the country.
Partner
Mulla & Mulla & Craigie Blunt & Caroe
With carriage by sea accounting for approximately 95% of India’s international trade by volume, and 68% by value, the presence of a strong national fleet exerts a moderating influence on freight rates for the country’s export and import cargo, ensuring a competitive edge to Indian exports in global markets.
Feasible route
The availability of long-haul bulk commodity traffic and its safe carriage over long distances influences the feasibility of coastal trade.
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Shardul Thacker is a partner at Mulla & Mulla & Craigie Blunt & Caroe.
Mulla House
51, Mahatma Gandhi Road, Flora Fountain
Mumbai – 400 001, India
Tel: +91 22 2262 3191/6634 5496
Fax: +91 22 6634 5497
Email: shardul.thacker@mullaandmulla.com
