India's Major Ports Capacity Up 87% Since 2014
PORTS & SHIPPING

India's Major Ports Capacity Up 87% Since 2014

Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that the capacity of India's 12 major ports has surged by 87% since 2014-15, as reported by Economic Times. This significant increase highlights the rapid growth and modernization of the country's port infrastructure over the past decade.

The expansion in port capacity reflects the government?s ongoing efforts to enhance maritime logistics and support economic development. Investments in infrastructure, technology upgrades, and improved operational efficiencies have played a crucial role in achieving this milestone.

The capacity surge is attributed to various initiatives, including the development of new port facilities, expansion of existing terminals, and adoption of advanced cargo handling technologies. The enhancement of port infrastructure has been integral to accommodating growing trade volumes and meeting the increasing demands of both domestic and international shipping.

Key projects contributing to the capacity increase include the construction of new berths, dredging operations to deepen port channels, and the introduction of modern cargo handling equipment. These improvements have not only increased the ports' throughput but also reduced turnaround times for vessels, thereby enhancing overall efficiency.

The growth in port capacity is expected to bolster India?s position as a major global maritime player, facilitating smoother trade flows and supporting economic growth. It also aligns with the government's broader vision of developing world-class port infrastructure to boost trade and investment.

Sonowal?s announcement underscores the success of the government's port development strategies and its commitment to furthering advancements in the maritime sector. The enhanced port capacities will play a critical role in supporting India's trade ambitions and driving economic progress.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Union Minister for Ports, Shipping, and Waterways, Sarbananda Sonowal, announced that the capacity of India's 12 major ports has surged by 87% since 2014-15, as reported by Economic Times. This significant increase highlights the rapid growth and modernization of the country's port infrastructure over the past decade. The expansion in port capacity reflects the government?s ongoing efforts to enhance maritime logistics and support economic development. Investments in infrastructure, technology upgrades, and improved operational efficiencies have played a crucial role in achieving this milestone. The capacity surge is attributed to various initiatives, including the development of new port facilities, expansion of existing terminals, and adoption of advanced cargo handling technologies. The enhancement of port infrastructure has been integral to accommodating growing trade volumes and meeting the increasing demands of both domestic and international shipping. Key projects contributing to the capacity increase include the construction of new berths, dredging operations to deepen port channels, and the introduction of modern cargo handling equipment. These improvements have not only increased the ports' throughput but also reduced turnaround times for vessels, thereby enhancing overall efficiency. The growth in port capacity is expected to bolster India?s position as a major global maritime player, facilitating smoother trade flows and supporting economic growth. It also aligns with the government's broader vision of developing world-class port infrastructure to boost trade and investment. Sonowal?s announcement underscores the success of the government's port development strategies and its commitment to furthering advancements in the maritime sector. The enhanced port capacities will play a critical role in supporting India's trade ambitions and driving economic progress.

Next Story
Infrastructure Energy

Deep Industries wins Rs 14.02 billion ONGC contract for production boost

Deep Industries (DIL) has secured a contract worth Rs 14.02 billion from Oil and Natural Gas Corporation (ONGC) for production enhancement operations in its Rajahmundry Asset. This 15-year contract is the largest project awarded to the company, more than doubling its current order book, which was Rs 12.46 billion as of June 30, 2024. Paras Savla, Managing Director of Deep Industries, expressed the company's excitement over the achievement, noting that the expansion into Production Enhancement Contracts (PEC) strengthens their position in the evolving oil and gas services value chain. The con..

Next Story
Infrastructure Urban

Why Public EV Chargers Rarely Deliver the Promised Fast Speeds

For electric vehicle (EV) drivers traveling through Wyoming, the Smith's grocery store in Rock Springs serves as a convenient stop. Located just off I-80, it's close to a Petco and features six chargers, each advertised to provide 350 kilowatts of power. At that rate, a Tesla Model 3 could be fully charged in the time it takes to make a quick stop for the restroom and a snack. However, when the author arrived at the station last month, driving a Rivian R1S with one dog and two kids, the promise of 350 kW seemed out of reach. The Rivian SUV, which has a maximum charging capacity of 220 kW, wa..

Next Story
Infrastructure Energy

Odisha poised to become a petrochemical hub: Union Minister Patel

Union Minister Anupriya Patel stated that Odisha is prepared to become a leader in the petrochemical sector, which is projected to grow into a $1 trillion industry by 2047. Speaking at the "Advanced India: Indian Chemicals and Petrochemicals Paving the Future" conference, she emphasised that the eastern state, with its skilled workforce and strategic coastal location, is well-positioned to become a key hub in the sector. She also mentioned that the India Chem 2024 summit, scheduled to take place in Mumbai from October 17-19 after a two-year break, is expected to draw substantial global parti..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000