India’s container capacity at 12 ports is less than 1/4th of single Chinese port of Shanghai: ASSOCHAM

Bhubaneswar, Dec 13 (IBNS): India’s total containerized cargo capacity of 8.75 million TEUs (twenty-foot equivalent units) at all its 12 major ports, a key indicator of a country’s integration with global supply chain for value-added manufactured goods, is less than a quarter of containerized goods handled at China’s single port of Shanghai, making it imperative for us to do a fast catching up, an ASSOCHAM comprehensive study on ports has pointed out.