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 FY23, major ports in India handled 783.50 million tonnes of cargo traffic, implying a CAGR of 3.26% in FY16-23.

*In FY24 (April-January) cargo traffic handled by major stood at 677.22 million tonnes.

Robust Demand

Attractive
Opportunities

*On March 07, 2024, the Union Minister for Ports, Shipping, and Waterways, Mr. Sarbananda Sonowal approved a project exceeding Rs. 800 crore (US$ 96.48 million) to revamp Syama Prasad Mookerjee Port, Kolkata, encompassing berth reconstruction and mechanization to enhance operational efficiency and global competitiveness.

Attractive Opportunities

Policy
Support

*On September 19, 2023, the Ministry of Ports, Shipping, and Waterways proposed the Indian Ports Bill with the aim of enhancing transparency in port tariffs and updating penalties. The bill empowers the Maritime States Development Council (MSDC) for integrated planning and introduces a three-tier dispute resolution mechanism for conflicts between state maritime boards.

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: May, 2024

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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