The port sector is critical to India as 95% of the trade activity by volume is carried out through the maritime route. Overall, India has 12 major ports and more than 200 minor ports. During 2013 to 2017, the share of the ports sector investment in the overall infrastructure investment was ~1% and clocked a CAGR of 9%. Cargo traffic handled by ports increased at a CAGR of 5% between 2015 and 2019. During this period, the share of major ports in overall cargo traffic handled remained same at 55%. In a significant improvement, the average turnaround time of ships at major ports has reduced from 94 hours in 2014 to 59 hours in 2019. The total estimated capital expenditure by both Centre and State governments in the port sector between FY20 and FY25 is Rs 121,194 crore. For projects executed by the Centre, about 58 identified projects are planned for implementation in the period 2020-25.