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IndiaLand of opportunityThe South Asian giant India is on the verge of flexingits industrial muscle.The shipping industry knows this and is carefullyexploring the market for opportunities. The underlying goalof interested shippers, logistics providers and carriers is tostay a step ahead of future competition.Numerous studies and industry experts point to Indiaplaying a significant role in global commerce, but the realityis that it may take five to 10 years before the country’stransportation and port infrastructure catches up to the levelof China and other industrial powerhouses of Asia and theWestern world.India’s government and population appear committed tothese developments, allowing the country’s wealth of entrepreneurialspirit to be unleashed.For the industry, there are short- and long-term strategiesto ensure success in trade with India.AMERICAN SHIPPER: FEBRUARY <strong>2006</strong> 7
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