Browsing by Author "Rao, B.V. Ramalingeswara"
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Item Challenges and opportunities of big data analytics for maritime and shipping industry /(IJETMS, 2024-01-01) Rao, B.V. Ramalingeswara; Amritha, C.S.Big Data is more than just large amounts of data. Big Data allows companies to use enormous amounts of data from non-traditional sources. A non-traditional source is time-sensitive data, not just past recorded data, used to optimize the industry and ports. Big Data includes texts, audios, videos, and real-time information. Big data is a big category which includes the data in both structured and unstructured forms stored in the cloud. For e-commerce, the supply chain data source might be order management systems, warehouses, payroll, inventory systems and carrier data. For the Maritime analytics market traditional data may come from dockyards, ships, vessel operations, bill of lading, traditional (fixed) data is used to analyze profits and losses. Nontraditional is time sensitive and not always quantifiable. Examples of nontraditional data are weather data, traffic and location data and movement of freight via transportation.Item Infrastructure in india: contribution of ports to the economy and the road ahead /(2012-09-04) Rao, B.V. RamalingeswaraThe economic development of a nation depends on several factors, and a developed infrastructure sector is one of the key determinants. 21st century has mandated adequate investments by the government and private sectors in the infrastructure sector for sustainable economic development. Economic liberalization has allowed a free flow of investments across the world, and Multi-National Corporations (MNCs) are looking for safe avenues for easy investment and expansion. One of their primary issues of concern is obviously the status of infrastructure in the target country. India, being a favorable destination for investments from MNCs, attracts huge exports and imports. Port infrastructure is one of the key indicators of sound infrastructural setup of a country. Ports are the gateway for foreign trade and developed port facilities provide a platform for smooth exports and imports. Around 13 major and over 190 non-major ports in India contribute to around 95% in volume and 75% in value to Indian foreign trade. The substandard performance of Indian ports, in comparison to their counterparts, affects business. The present study aims to track the progress and advancements made by the Indian ports and their future scope for development. It also highlights the inherent constraints in the development of Indian ports and suggests certain pertinent measures to enhance the functioning of this key sector.Item Major Ports of India /(Indian Economic Association, 2013-01-01) Rao, B.V. RamalingeswaraMajor ports of India play vital role in the economy and their contribution to the development of nation is reflected in the ever-growing quantities of cargo handled by them. India has 13 major ports and the overall cargo handled by all these ports stood to the tune of 930 MT in 2011-12. However, one of the major concerns for the government has been the performance standards of these ports which, unfortunately, are not in line of the expected efficiency levels. Major ports in India are running under multiple constraints like congestion, outdated technology, improper hinterland connectivity, and higher dependence on manual cargo handling procedures. At the same time, they are dependent on the government for their financing and investment decisions. It may be observed that the government is slowly releasing the major ports from clutches of its control. Privatisation of port services through PPP mode and granting of administrative autonomy to the management of the port trusts are two major steps taken by the government to improve the work efficiencies of the major ports. Result-oriented initiatives such as National Maritime Development Program 2007-2012 and Maritime Agenda: 2010-20, initiated by the ministry, to improve the infrastructural set-up at major ports are being implemented to increase the efficiencies among the major ports. The objective of the present study is to analyse the performance of major ports using some financial metrics during the period 1995-96 to 2010-11. It is quite interesting to note that all the major ports work with different efficiency levels and the study aspires to find about the performance levels of these ports on the basis of their financial performances. The study aims to find if there is any significant impact on the revenue generated by the ports and the ever-growing costs in handling the cargo.