Major Ports Witness 4.45% Cargo Volume Growth
PORTS & SHIPPING

Major Ports Witness 4.45% Cargo Volume Growth

Cargo volume at India's major ports experienced a notable growth of 4.45% in the fiscal year 2023-24, reaching a total of 819.227 million tonnes. This increase highlights the resilience and vitality of India's maritime sector despite the challenges posed by the global economic landscape.

The growth in cargo handling at major ports reflects positive trends in trade and economic activity, underscoring the crucial role of maritime infrastructure in facilitating the movement of goods and supporting national and international trade. The steady expansion of cargo volumes also signifies the effectiveness of port modernization and efficiency enhancement initiatives implemented by port authorities.

Various factors have contributed to the uptick in cargo volumes, including increased industrial production, higher demand for commodities, and improved port infrastructure and connectivity. Additionally, the proactive measures taken by major ports to streamline operations, enhance efficiency, and adopt digital technologies have played a significant role in boosting cargo handling capabilities.

The positive growth trajectory in cargo volumes bodes well for India's maritime sector and the broader economy, signalling resilience and adaptability in the face of evolving market dynamics. It also underscores the importance of continued investment in port infrastructure, capacity expansion, and technology adoption to sustain growth momentum and meet future demand.

As major ports continue to play a pivotal role in facilitating trade and commerce, efforts to further enhance their efficiency, capacity, and competitiveness remain paramount. By leveraging technological advancements and embracing best practices, India's major ports can further strengthen their position as key drivers of economic growth and development in the country.

Cargo volume at India's major ports experienced a notable growth of 4.45% in the fiscal year 2023-24, reaching a total of 819.227 million tonnes. This increase highlights the resilience and vitality of India's maritime sector despite the challenges posed by the global economic landscape. The growth in cargo handling at major ports reflects positive trends in trade and economic activity, underscoring the crucial role of maritime infrastructure in facilitating the movement of goods and supporting national and international trade. The steady expansion of cargo volumes also signifies the effectiveness of port modernization and efficiency enhancement initiatives implemented by port authorities. Various factors have contributed to the uptick in cargo volumes, including increased industrial production, higher demand for commodities, and improved port infrastructure and connectivity. Additionally, the proactive measures taken by major ports to streamline operations, enhance efficiency, and adopt digital technologies have played a significant role in boosting cargo handling capabilities. The positive growth trajectory in cargo volumes bodes well for India's maritime sector and the broader economy, signalling resilience and adaptability in the face of evolving market dynamics. It also underscores the importance of continued investment in port infrastructure, capacity expansion, and technology adoption to sustain growth momentum and meet future demand. As major ports continue to play a pivotal role in facilitating trade and commerce, efforts to further enhance their efficiency, capacity, and competitiveness remain paramount. By leveraging technological advancements and embracing best practices, India's major ports can further strengthen their position as key drivers of economic growth and development in the country.

Next Story
Infrastructure Urban

Green SM Launches All-Electric Premium Taxi Service at Soekarno-Hatta

Green SM, in partnership with Taksi Diamond, has launched Green SM Airport, a premium all-electric taxi service at Soekarno-Hatta International Airport. To mark the launch, passengers can avail discounts of up to IDR 50,000 per ride, equivalent to 15 per cent off, during the promotional period. Equipped with VinFast all-electric vehicles, the service is tailored for airport passengers with spacious interiors, quiet engines, and ample luggage capacity. Operating from Terminals 2 and 3, passengers can book via the Green SM app under “Green Airport” or “Green Now,” or hail taxis dire..

Next Story
Infrastructure Urban

Rhenus Opens Bangkok Air Freight Gateway to Boost Regional Trade

The Rhenus Group has inaugurated a new air freight gateway at Suvarnabhumi Airport, strengthening its role as a logistics provider in Southeast Asia. The facility, spanning 600 sqm, offers 24/7 services including door-to-door delivery, customs clearance, FTZ storage, and direct links to Rhenus’ warehouses near Bangkok and Laem Chabang seaport. Certified under ISO 9001, 14001, 45001, AEO, IATA and TAFA, the gateway features high security, fast processing for urgent shipments, and value-added services such as palletising, relabelling, and consolidation. “Bangkok is one of the world..

Next Story
Infrastructure Urban

DCPC Prepares for Special Campaign 5.0 with Focus on E-Waste

The Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilisers, is gearing up for Special Campaign 5.0, to be held from 2nd to 31st October 2025. The initiative will focus on e-waste disposal as per MoEFCC’s E-Waste Management Rules 2022, space optimisation, and enhancing workplace efficiency across field offices.Special Campaign 4.0, conducted between October 2023 and October 2024, delivered notable results in record management, grievance redressal, scrap disposal, and cleanliness drives.Key outcomes of Special Campaign 4.0Records management: 2,443 physical fil..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?