Abstract
Maritime transport Services is the pace, structure and pattern of India's economic development. India is speedily connected to a position as a key player in the maritime sector globally by achieving its nation’s trade target, and therefore the growth of international trade successfully led to the growth in maritime services because a significant part of world trade is carried out by the sea. In the past days India has not been successful in maritime international trade since 2000, although during that time India had a higher potentiality to expand the international trade and considered largest merchant shipping fleet in the country. (Mukherjee 2001) . At present, Maritime transportation industry is far more liberalized than most of the other industries. It plays a vital role in the development of countries, comprises ports, shipping, ship building and Inland water transport services. Indian Shipping Industry with emergence of globalization and liberalization is firmly acquired a new dimensions in terms of demand, capacity enhancement of the ports and infrastructural development. (India: Government initatives to support shippig in coming time 2016). This paper helps to examine the how efficiently flagship initiatives/steps were taken by the Indian government by promoting various legislature to promote sustaining growth in the maritime shipping industry to uplift the international trade
Keywords: International trade, Industry, Negotiations, Economic development & Maritime services.
References
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