India's maritime transport accounts for 95% of its trading by volume and 70% by value. The country has 12 major and 205 minor and intermediate ports, and under the National Perspective Plan for Sagarmala, six new mega ports will be developed. The Indian Government supports the ports sector by allowing 100% FDI under the automatic route for port and harbour construction and maintenance projects and providing a 10-year tax holiday to enterprises that develop, maintain and operate ports, inland waterways and inland ports.