Demand and Supply Dynamics in the Indian Maritime Industry: A Study of the Impact of Economic Factors on Shipping Demand

Vrajlal Sapovadia

MPRA Paper from University Library of Munich, Germany

Abstract: This research paper explores the intricate demand and supply dynamics within the Indian maritime industry, with a particular focus on the impact of various economic factors on shipping demand. The global economy, commodity trades, average haul distances, and local economic indicators significantly influence the volume and nature of cargo transported by sea. India, with its extensive coastline and burgeoning economy, relies heavily on its maritime sector for international trade and domestic logistics. This study will analyze how macroeconomic trends, government policies, infrastructure development, and technological advancements shape the demand for shipping services in India. It will also examine the current state of supply, including fleet capacity, port infrastructure, and shipbuilding capabilities, and identify the mismatches that exist. Through a comprehensive literature review, explanation of key terminologies, and a case study, this paper aims to provide actionable insights and recommendations for stakeholders to foster sustainable growth and enhance the competitiveness of the Indian maritime industry.

Keywords: Keywords Maritime Industry; India; Shipping Demand; Economic Factors; Supply Dynamics; Port Infrastructure; Trade Volume; Government Policy; Freight Rates; Shipbuilding; Logistics. (search for similar items in EconPapers)
JEL-codes: A1 A2 (search for similar items in EconPapers)
Date: 2025-07-08, Revised 2025-07-08
New Economics Papers: this item is included in nep-sea and nep-tre
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