Sagarmala to boost furniture cluster development
Paving the way for portled industrialisation, the ambitious Sagarmala project will focus on developing furniture clusters near Major Ports. A draft report on the national perspective plan of Sagarmala project says that the development of portbased furniture clusters will help in reducing the overall cost of exports from India and counter the Chinese dominance in the world furniture market. In the last 20 years, port-led industrialisation across the world has helped the furniture manufacturing sector grow. There is also mention of the fact that ports and logistics infrastructure played a major role in making China the biggest exporter of furniture, overtaking the European markets.
Another example is Malaysia which is a major furniture exporter with clusters located in close proximity to Major Ports.