Paradip Port Showcases Record Growth And Strategic Role

18 Feb 2026 CW Team

Paradip Port achieved record cargo handling of 150.41 million tonnes (mn t) in FY 2024–25, ranking as India's number one major port. The port has a rated capacity of 289 million tonnes per annum (mn t per annum) and reported a provisional net surplus of Rs 18.6 bn, while maintaining industry leading productivity. The authority highlighted continued investment to sustain benchmarks and to retain the lowest vessel and cargo charges among major ports.

The Chief Secretary outlined Odisha's roadmap targeting USD 500 bn by 2036 and USD 1.5 tn by 2047 and emphasised the need for double digit growth led by exports, shipbuilding and port led development. She set out the Paradip Port 2.0 vision, including capacity expansion beyond 500 million tonnes per annum, Western Dock deepening and a dedicated green hydrogen berth. Discussions covered the proposed 150 million tonnes per annum Bahuda Port and a 1.2 mn gross tonnage shipbuilding and repair cluster north of the Mahanadi.

Those projects are planned through a Special Purpose Vehicle between the Government of Odisha and the Paradip Port Authority to strengthen the state's maritime economy and industrial ecosystems. Integrated development was linked to PCPIR, the Plastic Park, AMNS and the Green Hydrogen hub alongside industrial townships, housing, tourism infrastructure and urban amenities supported by planned land use and law and order. The visit reaffirmed commitment to transform Paradip into a globally competitive maritime gateway. District Collector J. Sonal, Superintendent of Police Ankit Kumar Verma and Deputy Chairman T. Venu Gopal attended the deliberations.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Smt. Anu Garg, IAS, Hon'ble Chief Secretary, Government of Odisha, visited Paradip Port Authority (PPA) to review operations and expansion plans. She was received by P. L. Haranadh, Chairman of the PPA, at the wet basin and accorded a ceremonial guard of honour by the CISF unit. The visit included a launch ride to check berth readiness and vessel traffic management systems. Senior officials joined deliberations on operational priorities. Paradip Port achieved record cargo handling of 150.41 million tonnes (mn t) in FY 2024–25, ranking as India's number one major port. The port has a rated capacity of 289 million tonnes per annum (mn t per annum) and reported a provisional net surplus of Rs 18.6 bn, while maintaining industry leading productivity. The authority highlighted continued investment to sustain benchmarks and to retain the lowest vessel and cargo charges among major ports. The Chief Secretary outlined Odisha's roadmap targeting USD 500 bn by 2036 and USD 1.5 tn by 2047 and emphasised the need for double digit growth led by exports, shipbuilding and port led development. She set out the Paradip Port 2.0 vision, including capacity expansion beyond 500 million tonnes per annum, Western Dock deepening and a dedicated green hydrogen berth. Discussions covered the proposed 150 million tonnes per annum Bahuda Port and a 1.2 mn gross tonnage shipbuilding and repair cluster north of the Mahanadi. Those projects are planned through a Special Purpose Vehicle between the Government of Odisha and the Paradip Port Authority to strengthen the state's maritime economy and industrial ecosystems. Integrated development was linked to PCPIR, the Plastic Park, AMNS and the Green Hydrogen hub alongside industrial townships, housing, tourism infrastructure and urban amenities supported by planned land use and law and order. The visit reaffirmed commitment to transform Paradip into a globally competitive maritime gateway. District Collector J. Sonal, Superintendent of Police Ankit Kumar Verma and Deputy Chairman T. Venu Gopal attended the deliberations.

Real Estate

26 Jun 2026

Platinum Corp Launches Bespoke Presidential Suites

Platinum Corp has launched Platinum Stellar: Bespoke Presidential Suites, a luxury residential project on Main Avenue in Santacruz, Mumbai. The project has been positioned as a boutique, design-led development for high-net-worth individuals, business owners and legacy residents from the Bandra-Khar-Santacruz belt.The project has been developed in collaboration with celebrity interior designer Sussanne Khan and follows a design-first approach inspired by Art Deco architecture. It incorporates refined detailing, spacious layouts, premium material palettes and arrival experiences planned to creat..

Infrastructure Transport

26 Jun 2026

Adani Airport City Plans Rs 200 Bn Investment

Adani Airport City Limited (AACL), a wholly owned subsidiary of Adani Airport Holdings Limited (AAHL), has announced a programme to develop integrated airport cities across its airport network. The first phase will involve an investment of more than Rs 20,000 crore and cover around 22 million sq ft across Mumbai, Navi Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati.The development spans over 655 acres across six airports in five states. Nearly 440 acres are located in Mumbai and Navi Mumbai, which will receive close to 70 per cent of the planned investment. The focus reflects the Mumbai Metrop..

Infrastructure Urban

26 Jun 2026

Vedanta contributes Rs 627.22 billion to exchequer

Vedanta Limited contributed Rs 627.22 billion to the exchequer in FY26, according to its 11th Tax Transparency Report. The contribution accounted for 36 per cent of the company’s consolidated revenue from operations and reflected its focus on transparent governance, fiscal discipline and nation-building.The FY26 contribution marked a 13.3 per cent increase over the previous year. Vedanta’s cumulative contribution to the exchequer over the past decade reached Rs 4.83 trillion. The company said the Group ranks among India’s top three private-sector contributors to the national exchequer.Th..