Shipping - Smaller ports pip major ones in cargo traffic growth, share rises to 42 percent.

Non-major ports are gradually eating into the share of major ports in cargo traffic. Between FY12 and FY18, the share of total cargo traffic held by the non-major ports has risen from 39 percent to 42 percent.

In the comparable period, major ports have had their market share shrink from 61 percent to 58 percent. A report by the Indian Brand Equity Foundation (IBEF), a trust formed by the Ministry of Commerce, says non-major ports are evolving faster than their major counterparts, and are gaining market share as a major chunk of the traffic has...