India's Major Ports Sail to New Heights with 4.3% Cargo Surge

India's major ports reported a 4.3% increase in cargo handling to 855 million tonnes for 2024-25. Leading growth contributors were container throughput, fertilizers, and POL cargos. This surge signifies a significant milestone for Paradip and Deendayal Ports, surpassing 150 million tonnes, and reinforces robust investor confidence.

In a significant achievement, India's major ports have posted a 4.3% surge in cargo handling, reaching 855 million tonnes in the fiscal year 2024-25, a government statement confirmed on Tuesday. The upswing was predominantly driven by a 10% rise in container throughput, a 13% increase in fertilizer cargo, and a 3% bump in POL cargo handling.

The twelve major ports, including Paradip and Deendayal, collectively underpinned this growth by surpassing the 150 million-tonne milestone, highlighting their crucial role in maritime trade. Notably, Jawaharlal Nehru Port Authority achieved a record 7.3 million TEUs, marking a 13.5% year-on-year increase.

Further bolstering port-led industrialization, Indian ports have earmarked 962 acres for development, aiming to generate substantial revenues and attract significant investments. Private initiatives have also seen a three-fold jump in PPP projects, reinforcing investor trust and highlighting a robust future for India's port sector.

(With inputs from agencies.)