ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

India’s Ports to Expand by 500-550 MTPA Annually
PORTS & SHIPPING

India’s Ports to Expand by 500-550 MTPA Annually

India's ports sector is set for substantial expansion between FY 2023 and FY 2028, with an estimated annual capacity addition of 500-550 MTPA. This growth is primarily attributed to the increasing handling of petroleum, oil, lubricants (POL), coal, and containerized cargo.

Currently, ports in India facilitate 95 per cent of the country's export volumes and 70 per cent of its export values, underscoring their essential role in trade. The nation’s extensive coastline of approximately 7,500 km, along with 20,275 km of national waterways across 24 states, provides a strategic advantage. Its location in the Indian Ocean aligns with 80 per cent of the global maritime oil trade, enhancing its potential as a key player in the maritime sector.

The country’s port infrastructure consists of 13 major ports and 205 non-major ports. In FY24, major ports handled 819 MMT of cargo, while between April 2024 and January 2025, this figure reached 699 MMT. The sector currently operates with a total capacity of 2,604 MTPA, which is expected to witness significant expansion in the coming years.

Cargo traffic is projected to grow at an annual rate of 3-6 per cent, with utilisation rates stabilizing around 55 per cent over the medium term. Container traffic is expected to increase by 4-7 per cent annually over the next five years, supported by rising imports, declining freight costs, and the normalization of global supply chains.

Transshipment, currently comprising about 25 per cent of India's container throughput, remains a critical area of focus. Ports such as Chennai play a key role in this segment, enhancing connectivity and trade efficiency.

The port ecosystem is shaped by the distinct roles of major and non-major ports. Major ports, managed by the central government, are situated near industrial hubs and handle a diverse range of cargo. However, these ports often experience congestion due to shared access channels. In contrast, non-major ports, operated by state governments or private entities through public-private partnerships, exhibit greater operational flexibility and efficiency, resulting in reduced congestion.

In FY23, non-major ports recorded a 7.6 per cent increase in cargo traffic, surpassing the 4.7 per cent growth observed at major ports. This trend highlights the growing significance of non-major ports in India's maritime infrastructure development.

News source: ANI

India's ports sector is set for substantial expansion between FY 2023 and FY 2028, with an estimated annual capacity addition of 500-550 MTPA. This growth is primarily attributed to the increasing handling of petroleum, oil, lubricants (POL), coal, and containerized cargo. Currently, ports in India facilitate 95 per cent of the country's export volumes and 70 per cent of its export values, underscoring their essential role in trade. The nation’s extensive coastline of approximately 7,500 km, along with 20,275 km of national waterways across 24 states, provides a strategic advantage. Its location in the Indian Ocean aligns with 80 per cent of the global maritime oil trade, enhancing its potential as a key player in the maritime sector. The country’s port infrastructure consists of 13 major ports and 205 non-major ports. In FY24, major ports handled 819 MMT of cargo, while between April 2024 and January 2025, this figure reached 699 MMT. The sector currently operates with a total capacity of 2,604 MTPA, which is expected to witness significant expansion in the coming years. Cargo traffic is projected to grow at an annual rate of 3-6 per cent, with utilisation rates stabilizing around 55 per cent over the medium term. Container traffic is expected to increase by 4-7 per cent annually over the next five years, supported by rising imports, declining freight costs, and the normalization of global supply chains. Transshipment, currently comprising about 25 per cent of India's container throughput, remains a critical area of focus. Ports such as Chennai play a key role in this segment, enhancing connectivity and trade efficiency. The port ecosystem is shaped by the distinct roles of major and non-major ports. Major ports, managed by the central government, are situated near industrial hubs and handle a diverse range of cargo. However, these ports often experience congestion due to shared access channels. In contrast, non-major ports, operated by state governments or private entities through public-private partnerships, exhibit greater operational flexibility and efficiency, resulting in reduced congestion. In FY23, non-major ports recorded a 7.6 per cent increase in cargo traffic, surpassing the 4.7 per cent growth observed at major ports. This trend highlights the growing significance of non-major ports in India's maritime infrastructure development. News source: ANI

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States� share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement