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It is paradoxical that India does not have its own meaningful international transshipment port, considering that it is poised to be the third-largest economy in the world with a 7,500 km long coastline and more than 200 ports. With approximately 95 per cent of the country’s trade by volume and 68 per cent by value moving through maritime transport, this rather embarrassing shortcoming in our maritime infrastructure has long been recognised.
To remedy this, we now have the proposition of setting up an International Container Transshipment Port (ICTP) as part of a mega-project at Galathea Bay in Great Nicobar Island in the Andamans. This location offers a natural depth of at least 20 metres and is only eight nautical miles away