Transportation - Shipping

Shipping in India plays an important role in transporting vast volume of goods across the hinterland. Higher global GDP growth had paved way for more expansion and growth in the sector and had slowly transformed from cylical to non-cyclical. Indian players have good operating structure and profit margins compared to the global competitors. Indian economic boom will definitely help the sector to reach great levels in coming years. Essar Shipping, Mercator Lines and Varun Shipping are best picks in this growth-demand driving sector.