Paradip Port Leads Indian Major Ports in Cargo Throughput for FY24
PORTS & SHIPPING

Paradip Port Leads Indian Major Ports in Cargo Throughput for FY24

Paradip Port has emerged as the leading major port in India, surpassing others in cargo throughput during the fiscal year 2023-24. This significant achievement solidifies Paradip Port's position as a key player in the maritime industry and underscores its efficiency and effectiveness in handling cargo operations.

The port's remarkable performance in cargo throughput reflects its strategic location, state-of-the-art infrastructure, and operational excellence. Paradip Port's ability to handle large volumes of cargo efficiently has contributed to its success and prominence in the maritime sector.

This milestone achievement highlights Paradip Port's pivotal role in facilitating trade and commerce, both domestically and internationally. As the largest major port in India in terms of cargo throughput, Paradip Port plays a crucial role in driving economic growth and facilitating the movement of goods across various industries.

The port's leadership position underscores its commitment to innovation, customer service, and continuous improvement. Paradip Port's consistent performance and dedication to excellence position it as a preferred choice for businesses and traders seeking reliable and efficient port services.

As Paradip Port continues to lead the way in cargo throughput, it sets a benchmark for other ports in India and reaffirms its status as a key driver of maritime trade and economic development in the region.

Paradip Port has emerged as the leading major port in India, surpassing others in cargo throughput during the fiscal year 2023-24. This significant achievement solidifies Paradip Port's position as a key player in the maritime industry and underscores its efficiency and effectiveness in handling cargo operations. The port's remarkable performance in cargo throughput reflects its strategic location, state-of-the-art infrastructure, and operational excellence. Paradip Port's ability to handle large volumes of cargo efficiently has contributed to its success and prominence in the maritime sector. This milestone achievement highlights Paradip Port's pivotal role in facilitating trade and commerce, both domestically and internationally. As the largest major port in India in terms of cargo throughput, Paradip Port plays a crucial role in driving economic growth and facilitating the movement of goods across various industries. The port's leadership position underscores its commitment to innovation, customer service, and continuous improvement. Paradip Port's consistent performance and dedication to excellence position it as a preferred choice for businesses and traders seeking reliable and efficient port services. As Paradip Port continues to lead the way in cargo throughput, it sets a benchmark for other ports in India and reaffirms its status as a key driver of maritime trade and economic development in the region.

Next Story
Infrastructure Transport

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Next Story
Infrastructure Transport

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Next Story
Real Estate

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?