India’s Major Ports have achieved a landmark year in FY 2024-25, showcasing significant growth in cargo handling, operational efficiency, and financial performance. This achievement reflects the sustained policy push, infrastructure modernisation, and rising private sector participation that have reshaped the maritime sector over the past decade.
In FY 2024-25, Major Ports collectively handled approximately 855 million tonnes of cargo, registering a 4.3% year-on-year growth compared to 819 million tonnes in FY 2023-24. This increase was driven by a 10% rise in container throughput, 13% growth in fertiliser cargo, 3% increase in POL (Petroleum, Oil & Lubricants) cargo, and a significant 31% jump in miscellaneous commodities.
POL continued to dominate cargo composition with a volume of 254.5 million tonnes, accounting for nearly 30% of total traffic. Container traffic followed at 193.5 million tonnes (22.6%), with coal and other conventional cargoes like iron ore, fertilisers, and pellets contributing significantly.
FY 2024-25 marked a first for Paradip Port Authority (PPA) and Deendayal Port Authority (DPA), both of which crossed the 150-million-tonne cargo milestone. Jawaharlal Nehru Port Authority (JNPA) also set a new benchmark by handling 7.3 million TEUs—a 13.5% increase from the previous fiscal year.
Operationally, Major Ports improved their Pre-Berthing Detention (PBD) Time by ~36% from the previous year, contributing to reduced vessel wait times and enhanced port turnaround.
Ports allocated 962 acres of land in FY 2024-25 for port-led industrialisation, which is expected to generate ₹7,565 crore in revenue during the year. Additionally, lessees are projected to invest ₹68,780 crore in long-term port-related developments. Private sector participation remained strong, with Public-Private Partnership (PPP) investments tripling from ₹1,329 crore in FY 2022-23 to ₹3,986 crore in FY 2024-25.
Major Ports witnessed an 8% increase in total income, reaching ₹24,203 crore in FY 2024-25 from ₹22,468 crore the previous year. Operating surplus rose 7% year-on-year to ₹12,314 crore. Over the last decade, the ports' total income has more than doubled, while operating surplus has nearly tripled, thanks to improved efficiency and better resource utilisation.
Between FY 2014-15 and FY 2024-25, cargo volumes rose from 581 million tonnes to ~855 million tonnes—a 4% CAGR. Containerized cargo grew 70% from 7.9 million TEUs to 13.5 million TEUs. Productivity indicators also saw notable improvements:
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FY 2024-25 marks a turning point for India’s Major Ports, driven by sustained reforms, private investments, and a future-forward vision. The Ministry’s initiatives in digitalisation, process reengineering, and multi-modal integration are preparing Indian ports for the next phase of global trade expansion. As India’s maritime sector scales new heights, its ports are firmly positioned as engines of economic growth and global connectivity.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: May 14, 2025, 2:16 PM IST
Nikitha Devi
Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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