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India's port infrastructure: Enhancing textile export competitiveness

15 Oct '24
7 min read
India's port infrastructure: Enhancing textile export competitiveness
India's port infrastructure: Enhancing textile export competitiveness

Insights

  • Tuticorin Internal Container Terminal promises to improve shipping turnaround times, providing relief to exporters in south India, especially in Tamil Nadu's textile industry.
  • Amid challenges like high freight rates and reliance on Chinese-made containers, the terminal aims to streamline exports to key markets in Europe and US and improve India's textile export competitiveness.

Notably, Tamil Nadu, which encompasses the Southern region, is home to a highly productive textile industry. Indian textiles are in high demand in Western markets, generating significant revenue and showcasing the country&#**;s manufacturing capabilities. Key hubs such as Tiruppur, Coimbatore, Karur, Erode, and Salem form the backbone of the textile value chain, contributing to India’s reputation as a leading player in this sector. The opening of the Tuticorin terminal is expected to streamline logistics and strengthen India’s competitive edge in the global textile trade, further bolstering its economic growth.

Exhibit *: Current port capacities of Indian ports (in %)

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