The Georgia Ports Authority hosted their 55th annual 2024 Georgia International Trade Conference. The event brings customers, business partners and industry leaders together to discuss the latest maritime and logistics industry developments and trends.
India was one of the key topics discussed on conference panels. The India government is investing billions in port and transportation infrastructure to attract more foreign direct investment, improve supply chains and get the country ready for the future. With the largest population in the world now, overtaking China in 2023 – many companies are expanding their India activities. Major brands like Apple, Walmart, Samsung, Tesla and others are actively pursuing growth strategies to target India as they look to diversify sourcing locations in Southeast Asia. Four services a week connect India with Savannah and eight services a week connect the Indian Subcontinent. Even with vessel diversions around Africa, Georgia Ports is 3-5 days faster than U.S. West Coast ports.
With more than $4.5B in infrastructure projects planned in port and intermodal infrastructure over the next decade, Georgia Ports is investing in projects to enhance what Georgia Ports President and CEO Griff Lynch described as the four key components to a successful port operation: Berth space, yard capacity, trucking gate fluidity and intermodal connectivity.
