Cargo Volume at Indian Ports Sees Steady Growth, Government Enhances Infrastructure
New Delhi, February 5, 2025 — The Ministry of Ports, Shipping, and Waterways has reported a consistent increase in cargo volumes handled by Indian ports over the past four fiscal years. According to data released by the Press Information Bureau, total cargo throughput reached 1,540.23 million tonnes in FY 2023-24, marking a significant rise from 1,247.72 million tonnes in FY 2020-21.
Year-wise Cargo Volumes (in Million Tonnes):
- 2020-21: 1,247.72 (Major Ports: 672.68, Non-Major Ports: 575.04)
- 2021-22: 1,318.68 (Major Ports: 720.05, Non-Major Ports: 598.63)
- 2022-23: 1,434.31 (Major Ports: 784.31, Non-Major Ports: 650.00)
- 2023-24: 1,540.23 (Major Ports: 819.23, Non-Major Ports: 721.00)
The Union Minister of Ports, Shipping, and Waterways, Shri Sarbananda Sonowal, provided these figures in a written reply to the Rajya Sabha, highlighting various government initiatives aimed at bolstering port infrastructure and efficiency.
Key Developments and Initiatives:
- Infrastructure Expansion: New berths, terminals, and parking plazas have been constructed, alongside the mechanization and modernization of existing facilities.
- Digitalization: Processes have been streamlined through the adoption of digital technologies, improving operational efficiency.
- Enhanced Connectivity: Significant efforts have been made to improve hinterland connectivity via rail and road networks.
Cargo Composition and Growth Trends: From 2014-15 to FY 2023-24, cargo handled at major ports increased from 581.34 million tonnes to 819.23 million tonnes, reflecting a Compound Annual Growth Rate (CAGR) of 3.5%, aligning with global standards. In FY 2023-24, the cargo mix comprised 33.80% liquid bulk, 44.04% dry bulk, and 22.16% container cargo.
Future Projects and Connectivity Improvements: The government has approved the development of Vadhavan Port in Maharashtra as a mega container port designed to accommodate new-generation, large-size container vessels.
Additionally, the Department for Promotion of Industry and Internal Trade (DPIIT), in consultation with major stakeholders, identified 107 infrastructure gaps in port connectivity. These have been incorporated into the Comprehensive Port Connectivity Plan (CPCP) established in September 2022. The plan aims to strengthen road and rail links between ports and domestic production and consumption centers.
Source: PIB
