Question
Download Solution PDFThrough which route does most of India's foreign trade take place?
This question was previously asked in
Bihar STET TGT (Social Science) Official Paper-I (Held On: 18 Sept, 2023 Shift 6)
Answer (Detailed Solution Below)
Option 3 : sea route
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Bihar STET Paper 1 Mathematics Full Test 1
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Detailed Solution
Download Solution PDFThe correct answer is Sea route.
Key Points
- Most of India's foreign trade is carried through sea routes.
- India is surrounded by water on three sides and has a coastline of 7516.6 km.
- This geographical feature has made sea transport the major player in carrying out the international trade of India.
- According to the Ministry of Shipping, around 95% of India's trading by volume and 70% by value is done through maritime transport.
- However, a small portion is also carried through land route to neighbouring countries like Nepal, Bhutan, Bangladesh and Pakistan.
Additional Information
- India exports worth $453 billion and imports to the tune of $723 billion.
- India's overall international trade reached $1.17 trillion in recent years.
- However, sea alone is not sufficient to transport India’s exports, which include perishable materials which can only be transported through the air.
- Major sea trading ports of India: Kandla Port, Mumbai Port, Chennai Port, Kolkata Port, Cochin Port, Vizag port etc.
- Sagarmala Project is also aiming to boost Sea trade in India.
Last updated on Jan 29, 2025
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