Advantage India
Robust
Demand
*India’s Major Ports have achieved significant milestones in FY25, demonstrating notable progress in cargo handling, operational efficiency, and infrastructure development. Major Ports recorded a 4.3% growth in cargo handling, reaching approximately 855 million tonnes, up from 819 million tonnes in FY24.
*The government targets Rs. 80 lakh crore (US$ 903.65 billion) investments under Sagarmala to boost port handling capacity to 10,000 MMT by 2047, generating millions of jobs.
Attractive
Opportunities
*India has plans to invest Rs. 7,13,072 crore (US$ 82 billion) in port projects by 2035.
*Union Minister for Ports, Shipping and Waterways, Mr. Sarbananda Sonowal, stated India's ports sector is set to attract investments worth Rs. 80 lakh crore (US$ 903.65 billion). During the upcoming Maritime Week, MoUs worth Rs. 10 lakh crore (US$ 112.96 billion) were expected to be signed. New Mangalore Port Authority highlighted its net profit growth and plans to triple capacity over the next 20 years using solar power.
*In FY25, 962 acres of land were allocated for port-led industrialisation, expected to generate Rs. 7,565 crore (US$ 887.80 million) and attract future investments of Rs. 68,780 crore (US$ 8.07 billion).
Policy
Support
*To encourage a modal shift to Inland Water Transport (IWT), the Government introduced the “Jalvahak” Cargo Promotion Scheme on December 15, 2024, offering 35% reimbursement on operational costs and launching scheduled cargo services on key NW routes. The Union Budget 2025-26 also extended the tonnage tax regime to inland vessels under the Indian Vessels Act 2021.
*The government passed five crucial marine-related bills recently, including the Indian Ports Bill, which signifies a watershed moment for the sector. Financial incentives and schemes have accelerated shipbuilding and maritime infrastructure growth, setting the stage for next growth phases in port demand and operations.
Competitive
Advantage
*India has a coastline which is more than 7,500 kms long, interspersed with more than 200 ports.
*Ports in India are projected to handle 95% of trade by volume and contribute 2-3% annually to India’s GDP. A government investment of Rs. 8 trillion (US$ 90.36 billion) plus reforms are expected to generate around 15 million jobs by 2047. This scale of investment and job creation provides long-term competitive advantage and economic growth.
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone Limited (APSEZ) is part of Adani Group, one of the largest conglomerates in India. The company started its operations in 1998 and has become the largest private-sector port developer and operator in India. It operates Gujarat’s Mundra Port, the largest commercial port in India and overall had more than 15% share in India’s cargo in FY20. Other than ports, the company also has interests in integrated logistics and SEZs. Currently, the company operates 10 domestic ports in six Indian states. APSEZ generated revenue worth Rs. 31,079 crore (US$ 3.6 billion) in FY25.
Read More
APM Terminals – Gujarat Pipavav Port Ltd
The port Pipavav, which is operated by APM Terminals, is in the state of Gujarat with access to important shipping lines and markets in northwest India. The port is a public-private partnership with a 43.01% stake of APM Terminals. Currently, the port has a container capacity of 1.35 million twenty-foot equivalent units (TEUs), 5 million tonnes of dry cargo capacity and 2 million tonnes of liquid cargo capacity.
Read MoreKamarajar Port Limited
Kamarajar Port Limited (Erstwhile & Ennore Port Limited) is one of the 12 major ports of India and is situated in the state of Tamil Nadu. Different from the other ports which are run as trusts, it is incorporated as a company. The company currently has a total cargo handling capacity of 38 MMTPA.
Read More
Related News
MOREMajor Ports in India
- Kolkata
- Paradip
- Visakhapatnam
- Kamarajar (Ennore)
- Chennai
- V.O Chidambaranar
- Cochin
- New Mangalore
- Mormugao
- Deendayal
- Mumbai
- J.N.P.T
IBEF Campaigns
MORE
Aatmanirbhar Bharat Utsav 2024
Union Minister of External Affairs, Dr. S. Jaishankar and Union Commerce an...
Case Studies
MOREThe Evolution of Quick Commerce in India: A Sectoral Analysis
Indian retail has undergone a dramatic shift over the past few years. Not too long ago, urban Indians stocked up on groceries and daily essentials wit...
Tiles of Transformation: Exploring India’s Ceramic Tile Industry
India’s ceramic tile sector is one of the country’s brightest manufacturing success stars. Transforming from humble pottery clusters, it h...
Styling India’s Growth: The Indian Salon Landscape
India’s beauty salon market is now undergoing a very radical makeover of its own. Earlier considered by many merely a seasonal trip for wedding ...
IBEF BLOG
MORE
How Green Hydrogen Will Shape Renewable Energy in India
Green hydrogen, a superior and a more sustainable alternative to fossil fue...
Cooperatives Rising: How Local Communities Are Shaping India’s Growth
The co-operative movement in India is a strong driving force of inclusive d...
India’s Aspirational Districts: Stories of Progress and People-Led Change
India’s Aspirational Districts Programme (ADP) was launched in Januar...
Partners
