BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
CARE Ratings Report
Cargo volumes handled at the Indian ports in FY21 declined owing to the demand as well as supply chain disruptions brought about by the pandemic.
The year was characterised by upheavals in cargo movement globally.
Congestion at some ports and shortage of vessels and containers at others led to imbalances, resulting in time and cost overruns.
The fall in economic activity and global trade has had a direct bearing on the cargo traffic handled at the Indian ports.
Following the sharp decline during April-August 2020, there has been a progressive improvement in the volume of cargo traffic at the major and non-major ports of the country.
The recent spike in Covid-19 infections in the country and the consequent reimposition of lockdowns and restrictions in various regions have raised concerns over the sustainability of the rebound in cargo volumes.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR