Ships moved 9% faster at Indian major ports in FY24 as infra improved

Greater participation by private companies is another reason for improvement

India’s major ports in Financial Year 2023-24 (FY24) registered a 9 per cent improvement in turnaround time, of 48 hours, compared to 52.9 hours the year before as infrastructure and processes are strengthened.

“Faster movement through major ports has also resulted in a higher cargo loading ability as well, as major ports saw a 4.5 per cent increase in total traffic at 819 million metric tonnes (mmt) in FY24,” said a senior government officer.

Major ports are owned by the central government through the ministry of ports, shipping, and waterways, while non-major ones are with state governments and private players.