How important is India for the AP Moller-Maersk Group?
India is a very important market for us. This market is very much vibrant and dynamic. More and more businesses from India bring me here. I personally met our Indian trade partners and got feedback from them. The overall business environment is improving with high growth in export-import trade. Indian GDP grew by an average of 6.5 per cent and industry grew by 7 per cent in the past six years while containerisation logged a growth of 14 per cent. In short, during the last six years, for every one per cent growth in industrial output, containerisation has grown by 2.25 per cent. The government is also investing in creating infrastructure. The key beneficiaries of these initiatives will be sectors such as agriculture, auto and auto components, food processing, construction, paper, power and power utilities. What is the growth plan for India? More shipping lines are starting services from India. Indian major ports’ container terminals are flooded with requests for berths. How will you pos
