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Time of India
13-05-2025
- Business
- Time of India
Cargo handling at major Indian ports rises 4.3% to 855 million tonnes in FY25
NEW DELHI: India's major ports saw a 4.3 per cent increase in cargo handling, reaching 855 million tonnes in Fiscal Year 2024-25. The growth was led by higher volumes in container traffic (up 10%), fertilisers (13%), petroleum, oil and lubricants (POL) (3%), and miscellaneous commodities (31%), as compared to the previous fiscal year. Tired of too many ads? go ad free now The Government of India operates 12 major ports under the Major Port Authorities Act, 2021. These ports include Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. In FY 2024-25, the primary commodities handled were Petroleum, Oil, and Lubricants (POL) at 254.5 million tonnes (29.8 per cent), container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), alongside other cargo types including iron ore, pellets, and fertilisers. Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) achieved a significant milestone by exceeding 150 Million Tonne (MT) cargo handling. Additionally, Jawaharlal Nehru Port Authority (JNPA) achieved a record 7.3 million TEUs, showing 13.5 per cent annual growth. The ports allocated 962 acres for industrial development in FY 2024-25, with projected earnings of Rs 7,565 crore. Lessees are anticipated to invest Rs 68,780 crore on the allocated land. Private sector involvement has significantly increased, with PPP project investments at major ports rising from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, demonstrating robust investor interest.
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Business Standard
13-05-2025
- Business
- Business Standard
Major ports' cargo rises 4.3% in FY25; Paradip, Deendayal cross 150 MT
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Among commodities handled at major ports, Petroleum, Oil, and Lubricants (POL)-including crude, petroleum products, and LPG/LNG-led the charts with a volume of 254.5 million tonnes (29.8 per cent), followed by container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), and other cargo categories such as iron ore, pellets, fertilizers, and more in FY 2024-25. For the first time in the history of major ports, Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) surpassed the 150 Million Tonne (MT) cargo handling mark, reinforcing their status as key hubs of maritime trade and operational excellence, the statement said. Meanwhile, Jawaharlal Nehru Port Authority (JNPA) set a record by handling 7.3 million TEUs (Twenty-foot Equivalent Units), reflecting a 13.5 per cent year-on-year growth, it added. In FY 2024-25, Indian ports collectively allocated 962 acres of land for port-led industrialisation, projected to generate an income of Rs 7,565 crore in FY 2024-25, the statement said. Furthermore, lessees are expected to make an investment of Rs 68,780 crore on the allotted land, reaffirming investor confidence in port-led development, it added. The statement said private sector participation has been instrumental in this transformation, with investments in PPP projects at major ports increasing three-fold, from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, highlighting strong investor confidence. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
13-05-2025
- Business
- Time of India
Major ports' cargo handling rises 4.3% to 855 MT in FY25; Paradip, Deendayal cross 150 MT
India's major ports registered a 4.3 per cent rise in cargo handling to 855 million tonnes in 2024-25, an official statement said on Tuesday. The increase in traffic was driven by higher container throughput (10 per cent), fertiliser cargo handling (13 per cent), POL cargo handling (3 per cent), and handling of miscellaneous commodities (31 per cent) compared to the previous fiscal year, according to the statement. There are 12 major ports, wholly owned by the Government of India and governed by the provisions of the Major Port Authorities Act, 2021. These are Deendayal Port, Mumbai Port, Jawaharlal Nehru Port, Mormugao Port, New Mangalore Port, Cochin Port, VO Chidambaranar Port, Chennai Port, Kamarajar Port, Visakhapatnam Port, Paradip Port and Syama Prasad Mookerjee Port. Among commodities handled at major ports, Petroleum, Oil, and Lubricants (POL)-including crude, petroleum products, and LPG/LNG-led the charts with a volume of 254.5 million tonnes (29.8 per cent), followed by container traffic at 193.5 million tonnes (22.6 per cent), coal at 186.6 million tonnes (21.8 per cent), and other cargo categories such as iron ore, pellets, fertilizers, and more in FY 2024-25. For the first time in the history of major ports, Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) surpassed the 150 Million Tonne (MT) cargo handling mark, reinforcing their status as key hubs of maritime trade and operational excellence, the statement said. Live Events Meanwhile, Jawaharlal Nehru Port Authority (JNPA) set a record by handling 7.3 million TEUs (Twenty-foot Equivalent Units), reflecting a 13.5 per cent year-on-year growth, it added. In FY 2024-25, Indian ports collectively allocated 962 acres of land for port-led industrialisation, projected to generate an income of Rs 7,565 crore in FY 2024-25, the statement said. Furthermore, lessees are expected to make an investment of Rs 68,780 crore on the allotted land, reaffirming investor confidence in port-led development, it added. The statement said private sector participation has been instrumental in this transformation, with investments in PPP projects at major ports increasing three-fold, from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, highlighting strong investor confidence.
