Andhra Pradesh was ahead of Gujarat in attracting private investments in the port sector during the first six months of the current fiscal, said K Pradeep Chandra, state commissioner for Industrial Promotion, industry and commerce department.
Chandra delivered the keynote address at the two-day East Coast Maritime Business Summit here on Thursday.
The share of maritime trade for states without coastal port facilities was only 4 per cent of their GSDP, whereas this was 15 per cent for states, which have coastal port facilities, he said.
Visakhapatnam port will be the lead port in the East Coast in coming days, but container traffic in the East Coast was very low compared with the West Coast, said Anil K Gupta, chairman and managing director, Container Corporation of India.
Stating that currently only 25 per cent cargo moved by containers in the country, he said this was 75 per cent in developed nations.
