Indian Journal of Public Health Research & Development
  • Year: 2019
  • Volume: 10
  • Issue: 11

The Economic Impact of FDI in Indian Shipping Sector

1Associate Professor, Dept. of Economics, VISTAS

2Associate Professor, Marine Engineering Department, AMET

*Corresponding Author: Dr. S. Chandrachud, Economist, Associate Professor, VISTAS, 19, Ramachandra Iyer Street, Nehru Nagar, Chromepet, Chennai-600044, e-mail: prof.chandrachud@gmaail.com, Contact No.: 9444441107

Online published on 27 March, 2020.

Abstract

A well favored Geographical position of a country is the gift of nature but economic growth and development come by state practice. The world largest peninsula, 12 Major ports, 187 minor ports, huge man power, pioneer of international business, enormous natural resources etc., are the gift of nature to India and the Government of India have initiated number of developmental policies and strategies in order to achieve economic development and growth. The current study throws light on the economic impact of Foreign Direct Investment in Indian Shipping sector. Chapter one imitates with details of Indian shipping sector. Chapter two enlists the review of literature. Chapter three narrates the FDI policy in Indian Shipping Sector. Chapter four reason out the ‘why to invest in Indian Shipping sector’, in terms of SWOT analysis. Chapter five portrays the investment opportunities in Indian shipping sector and the final chapter summaries the economic impact of FDI in Indian Shipping Sector.

Keywords

Economic impact, FDI, Indian Shipping, automatic route, Coastal line