Ports Handle 855 MMT in
2024-25
·
India’s Major Ports Achieve
Historic Milestones in FY 2024-25, Driving Growth and Global Competitiveness
·
FY 2024-25 Marks New Highs in Cargo Throughput
and Operational Performance.
·
962 acres of Port Land valued at ₹7565
crore allocated for Port led Industrialisation with investment potential of ₹68,780
crore.
·
Cargo handled increased from 819 million
tonnes in FY 2023-24 to ~855 million tonnes in FY 2024-25 with an annual growth
of 4.3%.
·
Increase in traffic was driven by higher container throughput (10%),
fertilizer cargo handling (13%), POL cargo handling (3%), and handling
of miscellaneous commodities (31%).
·
Petroleum, Oil, and Lubricants (POL)—including crude, petroleum products, and LPG/LNG—led
the charts with a volume of 254.5 million tonnes (29.8%), followed by container
traffic at 193.5 million tonnes (22.6%), coal at 186.6 million tonnes (21.8%).
·
Paradip Port Authority (PPA) Mahanadi, Orissa and Deendayal Port Authority
(DPA) Kandla surpassed the 150-million-tonne
cargo handling mark.
·
Meanwhile, Jawaharlal Nehru Port Authority (JNPA) set a record by
handling 7.3 million TEUs, reflecting a 13.5% year-on-year growth.
·
Indian ports collectively allocated 962 acres of land for port-led industrialization, projected to generate an income of ₹7,565
crore in FY 2024-25.
·
Major Ports witnessed an 8% increase in total income in FY 2024-25,
rising to ₹24,203 crore from ₹22,468 crore in FY 2023-24.
·
Operating surplus grew 7% to ₹12,314 crore in FY 2024-25
from ₹11,512 crore in FY 2023-24.
·
Average Turnaround Time (TRT) improved by 48%, reducing from 96 hours in FY 2014-15 to 49.5
hours in FY 2024-25.
·
Pre-Berthing Detention (PBD) Time (on port account) improved by ~24%, decreasing from
5.02 hours in FY 2014-15 to 3.8 hours in FY 2024-25.
·
Idle Time (%) dropped by ~29%, from 23.1% in FY 2014-15 to 16.3% in FY 2024-25.
India’s Major Ports have consistently
demonstrated remarkable progress over the past decade, with FY 2024-25 emerging
as a milestone year in terms of cargo handling, operational efficiency, and infrastructure
modernisation.
In FY 2024-25, Major Ports registered
an impressive annual growth rate of 4.3% in cargo handling, increasing from
819 million tonnes in FY 2023-24 to ~855 million tonnes in FY 2024-25. This
growth highlights the resilience and capacity of Major Ports in accommodating rising
trade volumes. The increase in traffic was driven by higher container throughput
(10%), fertilizer cargo handling (13%), POL cargo handling (3%),
and handling of miscellaneous commodities (31%) compared to the previous
fiscal year.
Among commodities handled at Major Ports,
Petroleum, Oil, and Lubricants (POL)—including crude, petroleum products,
and LPG/LNG—led the charts with a volume of 254.5 million tonnes (29.8%),
followed by container traffic at 193.5 million tonnes (22.6%), coal at
186.6 million tonnes (21.8%), and other cargo categories such as iron ore, pellets,
fertilizers, and more in FY 2024-25.
For the first time in the history of Major
Ports, the Paradip Port Authority (PPA) Mahanadi,
Orissa and Deendayal Port Authority (DPA) Kandla surpassed the 150-million-tonne
cargo handling mark, reinforcing their status as key hubs of maritime trade
and operational excellence. Meanwhile, Jawaharlal Nehru
Port Authority (JNPA) set a record by handling 7.3 million TEUs, reflecting
a 13.5% year-on-year growth.
In FY 2024-25, Indian
ports collectively allocated 962 acres of land for port-led industrialization,
projected to generate an income of ₹7,565 crore in FY 2024-25. Furthermore,
lessees are expected to make future investments of ₹68,780 crore on
the allotted land, reaffirming investor confidence in port-led development. Private
sector participation has been instrumental in this transformation, with investments
in PPP projects at Major Ports increasing threefold, from ₹1,329 crore
in FY 2022-23 to ₹3,986 crore in FY 2024-25, highlighting strong investor
confidence.
Operational performance continued to improve
in FY 2024-25, with Pre-Berthing Detention (PBD) Time (on port account) improving
by ~36% compared to FY 2023-24. Financially, Major Ports
witnessed an 8% increase in total income in FY 2024-25, rising to ₹24,203
crore from ₹22,468 crore in FY 2023-24. Similarly, operating surplus grew 7% to ₹12,314 crore
in FY 2024-25 from ₹11,512 crore in FY 2023-24.
Between FY 2014-15 and FY 2024-25, cargo
volumes surged from 581 million tonnes to approximately 855 million tonnes,
reflecting a robust Compound Annual Growth Rate (CAGR) of ~4%. Containerized
cargo saw a remarkable 70% increase over the decade—from 7.9 million TEUs
in FY 2014-15 to 13.5 million TEUs in FY 2024-25. Conventional commodities such
as coal, fertilizers, iron ore, and POL also witnessed significant growth over the
last 10 years.
Productivity indicators have also shown
significant improvement:
·
Output per Ship Berth Day (OSBD) rose from 12,458 tonnes to 18,304 tonnes over
the decade.
·
Average Turnaround Time (TRT) improved by 48%,
reducing from 96 hours in FY 2014-15 to 49.5 hours in FY 2024-25.
·
Pre-Berthing Detention (PBD) Time (on port account) improved by ~24%, decreasing from 5.02 hours in FY 2014-15 to
3.8 hours in FY 2024-25.
·
Idle Time (%) dropped by ~29%, from 23.1%
in FY 2014-15 to 16.3% in FY 2024-25.
These advancements reflect the Ministry's
commitment to enhancing cargo handling processes, upgrading infrastructure, and
introducing mechanisation initiatives.