Services Sector

  • Around 95% of India’s trade by volume and 68% in terms of value is transported by sea. As on 31 December 2014, India had a fleet strength of 1209 ships with gross tonnage (GT) of 10.3 million, with the public-sector Shipping Corporation of India (SCI) having the largest share of around 31%. Of this, around 358 ships with 9.1 million GT cater to India’s overseas trade and the rest to coastal trade.
  • Despite having one of the largest merchant shipping fleets among developing countries, India’s share in total world dead weight tonnage (DWT) is only 1.1% as on 1 January 2014. In 2013, as per UNCTAD, India with 10.7 million twenty-foot equivalent units of container (TEUs) and a world share of 1.6% ranked eighth among developing countries in terms of container ship operations.
  • India continues to be a leading ship-breaking destination. It topped the list of ship-recycling countries in 2014 (January to October) with a world share of 32%, scrapping 234 ships of 7.98 million DWT as per the ISL Shipping Statistics and Market Review.
  • India is also a major supplier of seafarers to the world. According to BIMCO/ISF Manpower Update 2010-2014, India supplied 60,000 crew (fresh seamen) and 44,500 officers in 2014.
TOURISM PERFORMANCE: INTERNATIONAL COMPARISON IN 2013
Country International Tourist Arrivals
Numbers (in millions) Share (%) Growth (%)
France 84.7 7.8 2.0
US 69.8 6.4 4.7
Spain 60.7 5.6 5.6
Turkey 37.8 3.5 5.9
Thailand 26.5 2.4 18.8
Malaysia 25.7 2.4 2.7
Singapore 11.9 1.1 7.2
Indonesia 8.8 0.8 9.4
Vietnam 7.6 0.7 10.6
India 6.8 0.6 4.1
World 1087 100.0 4.8