Paradip Port Emerges as India’s Top Cargo-Handling Port in 2023-24

Paradip Port Authority, Odisha, surpasses Deendayal Port Authority, Kandla, to become India’s leading cargo-handling major port in the fiscal year 2023-24, handling 145.38 Million Metric Tons (MMT) of cargo, marking a 7.4% growth from the previous year.

Achievements

1. Coastal Shipping Hub

   • Handled 59.19 million metric tonnes of coastal shipping traffic.
   • Managed 43.97 million metric tonnes of thermal coal coastal shipping.

2. Productivity Excellence

   • Achieved highest productivity among all major ports in India.
   • Improved berth productivity from 31050 MT to 33014 MT.

3. Cost Efficiency

   • Offers the lowest tariffs among all Indian ports.
   • Frozen tariff rates for cargo handling for three years starting in 2022 as part of business development plan.

About Paradip Port

• Established by the Odisha government in 1962; taken over by the Indian government in 1965.
• Declared a major port by the Indian government on April 18, 1966, becoming the 8th major port of India.
• Operates as an autonomous body under the Major Port Trusts Act 1963, under the Ministry of Ports, Shipping & Waterways, administered by a Board of Trustees appointed by the Government of India.