Tariff-setting and red tape – are the twin evils of doing business in India showing signs of being eradicated?

While South Asian growth means there is great need for port infrastructure development, it seems a long shot that the South Asian ports landscape can move quickly into a more cohesive landscape following the changes to the Tariff Authority for Major Ports, or TAMP.

Andrew Griffiths, Managing Consultant at BMT Hi-Q Sigma, says that based on draft guidelines issues by the Ministry of Shipping, the revised tariff guidelines will be applicable to Major Port Trust-operated ports and concession projects at Major Ports where RFPs have been issued. In this case the port operator can be free to fix a market-related tariff which could be higher or lower than the TAMP-regulated tariff.