Indian Ports handle around 90% of EXIM Cargo by volume and 70% by value playing a pivotal role in driving growth and global competitiveness.
Key Achievements
- Cargo Handling: Major Ports registered an annual growth rate of 4.3% in cargo handling (819 million tonnes in FY 2023-24 to ~855 million tonnes in FY 2024-25).
- Historic Milestone: Paradip Port Authority (PPA) and Deendayal Port Authority (DPA) , the two major ports, for the first time surpassed the 150-million-tonne cargo handling mark.
- Average Turnaround Time (TRT): Improved by 48%, (96 hours in FY 2014-15 to 49.5 hours in FY 2024-25).
- Idle Time: Dropped by ~29% from FY2014-15 to 2024-25.
- Financial Performance: Total income more than doubled from ₹11,760 crore in FY 2014-15 to ₹24,203 crore in FY 2024-25, registering a 7.5% CAGR over 10 years.
- Private Sector Participation: 3 fold increase in investment in Public Private Partnership (PPP) projects at Major Ports.
Key Initiatives taken for Strengthening Port Infrastructure
- Sagarmala: Flagship program launched in 2015 for port modernization, new port development, port connectivity, and coastal community development.
- Around 839 projects (worth 5.79 lakh crores) have been identified for implementation.
- Maritime India Vision 2030: Outlines 150 initiatives for propelling India to global maritime leadership.
- Others: National Logistics Portal (Marine)- SAGAR-SETU; Real-time performance Monitoring Dashboard, Sagar Manthan, etc.
