Port-Led Push: Major Cargo Growth & Inland Boosts

08 Apr 2025 CW Team

The Ministry of Ports, Shipping and Waterways has significantly ramped up efforts to boost India's maritime and inland waterway sectors through infrastructure development, modernization, and state collaboration.

According to data presented by Union Minister Sarbananda Sonowal in the Lok Sabha, cargo throughput at major ports touched 819 million tonnes in FY24, while non-major ports recorded 724 million tonnes—together crossing the 1.5 billion tonne mark for the first time.

India’s 12 major ports, under the Centre’s administrative control, have seen steady investment-driven growth. Meanwhile, non-major ports—governed by states—are receiving focused funding under the Sagarmala Scheme. As of now, Rs 49.25 billion has been committed to 71 non-major port projects, including coastal infrastructure, ferry terminals, and community development.

The Inland Waterways Authority of India (IWAI) is advancing the Jal Marg Vikas Project (JMVP) on National Waterway-1 between Varanasi and Haldia, aimed at enhancing freight movement across Uttar Pradesh, Bihar, Jharkhand, and West Bengal. Bihar alone has seen Rs 8 billion worth of projects under JMVP, generating over 1,030 jobs.

In terms of direct employment, major ports employed over 16,600 people in 2024, while non-major ports saw workforce numbers rise to 13,381—reflecting an increasing focus on decentralised port development.

To ensure long-term growth and policy coordination, the Maritime States Development Council (MSDC)—established in 1997—continues to serve as the apex advisory body. Twenty meetings have been held so far, aligning Centre-State efforts for balanced maritime growth.

With a 7,500 km coastline and 14,500 km of navigable waterways, India is positioning port-led development as a key engine for logistics efficiency and coastal prosperity.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..