Paradip Port has emerged as the largest Indian major port in cargo throughput in FY24.
Surpassing Deendayal Port Authority in Gujarat, the State-owned Paradip Port in Odisha has emerged as India’s largest major port in terms of cargo volume with a cargo throughput of 145.38 million tonnes in FY24.
Paradip Port, for the first time in its 56-year history of operations, has surpassed the previous record set by Deendayal Port on the instructions of the Ministry of Ports.
During FY24, the port achieved the highest-ever coastal shipping traffic of 59.19 million metric tonnes, an increase of 0.76 million metric tonnes which is 1.30% over the last year.
Shipping of thermal coal reached 43.97 million metric tons, an increase of 4.02% from last year’s cargo handling.
The growth path of Paradip Port was driven by an improved system of operations in the mechanized coal hand plant to reduce idle time between rake unloading.
With a growth of 6.33%, Paradip Port has been able to increase its berth productivity to 33,014 MT from 31,050 MT in the last financial year.
During FY24, Paradip Port handled 21,665 rakes, registering a growth of 7.65% year-on-year.
During FY24, the port handled 2,710 vessels, registered a growth of 13.82% compared to FY23.
