AI and Efficiency Analysis of Seaport in India with Special Reference to Mumbai Port Trust
摘要
This research explores the transformative potential of integrating artificial intelligence (AI) into seaport operations, with a specific focus on the Mumbai seaport. Through rigorous quantitative data analysis and regression modeling, the study establishes a robust correlation (R-squared value of 0.836) between AI implementation and improved revenue generation. Positive effects are noted, especially in “load handling,” while problems with data availability and multicollinearity are acknowledged. The findings emphasize the vital role AI plays in maximizing seaport productivity and preserving competitiveness in international trade. The report offers significant insights for stakeholders, stressing the need of addressing labor readiness and data security as well as the strategic use of AI. All things considered, it acts as a roadmap for negotiating the ever-changing ports management landscape via the prism of artificial intelligence.