INDIA’s Major Ports’ Traffic surges by 2.36% in first half of FY 2023-24

Paradip Port becomes the Numero Uno among Indian Major Ports

By Our Correspondent

Paradip,Oct.5 :Total India’s cargo traffic handled by 12 major ports is on the rise and has reached 393.732 MMT in the first half of FY 2023-24, exhibiting growth of 2.35% year on year, according to latest figures released by the Indian Ports Association.

Paradip Port has emerged numero uno by clocking 69.137 MMT cargo throughput in the current fiscal. The Port, first time in the history, clocked highest ever cargo handling among Major Ports, during H1 (first half) of any financial year. Besides, it has exhibited 8.5% of incremental growth over the same period in the previous fiscal, which happens to be highest among all the Major Ports. Iron ore including Pellets handled by PPA has shown the highest incremental growth of 45.56% so far. This is to be noted that since FY 2016-17, PPA has consistently occupied 2nd position in half yearly cargo handling figures of various fiscals. For the first time, drifting away from the trend, PPA has secured the 1st position by achieving the highest cargo traffic.

Congratulating Team PPA on this stupendous performance, Shri P.L.Haranadh, Chairman, PPA has also offered his heartfelt thanks to all Stakeholders for their constant support and immense contribution.