Indian Port Investments Pay Big Dividends

In the face of the world’s economic woes, India seeks to improve its competitive position.

In coverage of a highly successful liberalization of ports, the CATO Institute draws attention to the Indian state of Gujarat. The report, “The Benefits of Port Liberalization,” notes that various forms of port liberalization since the 1990s has led Gujarat to become India’s most rapidly growing state, averaging annual increases of 10.14% from fiscal 2001 through fiscal 2006, the most recent years for data. Gujarart is 153 nautical miles northwest of Mumbai.

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