Shipping Industry & Ports in India

The cargo handling capacity at the 12 major ports of India increased from 871 Million Metric Tonnes (MMT) in 2015 to 1,617 MMT in 2023.

Advantage India

Robust
Demand

* Ports sector in India is being driven by high growth in external trade. 

* In FY22, all key ports in India handled 650.52 million tonnes (MT) of cargo traffic. In FY23 (April-January) cargo traffic handled by major stood at 646.10 million tonnes.

Robust Demand

Attractive
Opportunities

* The key ports are expected to deliver seven projects worth more than US$ 274.31 million (Rs. 2,000 crore) on a public-private partnership basis in FY22.

* The Finance Minister proposed to double the ship recycling capacity of ~4.5 million light displacement tonnes (LDT) by 2024; this is expected to generate an additional ~1.5 lakh employment opportunities in India.

Attractive Opportunities

Policy
Support

* In Union Budget 2023-24, the total allocation for the Ministry of Shipping was US$ 1,813.16 million (Rs. 2,218.74 crore).

* In July 2021, the Marine Aids to Navigation Bill 2021 was passed by the Parliament, incorporating global best practices, technological developments and India's international obligations in this field.

Policy Support

Competitive
Advantage

* India has a coastline which is more than 7,516.6 km long, interspersed with more than 200 ports.

* Most cargo ships that sail between East Asia and America, Europe and Africa pass through Indian territorial waters.

Competitive Advantage
Last updated: Oct, 2023

Major Ports in India

  • Kolkata
  • Paradip
  • Visakhapatnam
  • Kamarajar (Ennore)
  • Chennai
  • V.O Chidambaranar
  • Cochin
  • New Mangalore
  • Mormugao
  • Deendayal
  • Mumbai
  • J.N.P.T
Major Ports in India

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