Strategic Importance and Development of Port of Kolkata: A Suggestion for a Deep Seaport

Deepankar Sinha ()
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Deepankar Sinha: Indian Institute of Foreign Trade (IIFT), Kolkata, India

No 2258, Working Papers from Indian Institute of Foreign Trade

Abstract: The need for alternate sea routes is growing following the Suez Canal blockade, Chinese hegemony, and geopolitical transformation among nations. China’s influence in the Indian ocean is observed from its presence in Sri Lanka and Pakistan ports. Port of Kolkata finds its mention among global analysts and the BRI - as it provides an alternative route to join the Indian Ocean avoiding the Malacca Strait. The economy of India and the Southeast Asian countries, especially Bangladesh, are growing; despite the region's growth, there are no large ports, and the performance of the present ports lags behind the standards in the rest of the world. India needs to realize this and strengthen the port system, especially given its BBIN, BIMSTECH, and Act-East policies. In this article, the current state of the Kolkata port is analysed. A deep seaport is proposed to enable India to strengthen its geopolitical strength, improve the balance of payments, reduce cost and emissions, and provide a sustainable option to the global maritime community.

Keywords: Kolkata Port; Deep Seaport; Kolkata Port System; Geopolitical; BRI; Act-East Policy (search for similar items in EconPapers)
Pages: 25 pages
Date: 2022
New Economics Papers: this item is included in nep-sea
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