India’s Shipping Ministry Targets Port Expansion, By Marex

The capacity of Indian ports was 1245.30 million tonnes per annum (MTPA) in 2013, but the target for 2014 is to increase the port capacity to 2493.10 MTPA. The country’s major ports will account for about 50 per cent of this capacity. In the year 2013-14, 30 projects have been targeted for award involving an additional capacity of 282 MTPA.

In the year 2013-14, the Ministry has been focusing on new capacity augmentation projects and mechanization projects which are critical to improving the competitiveness of the major ports. satellite map To achieve the capacity targets, work on two new major ports, one at Sagar Island in West Bengal and the other at Durgarajpatnam in Andhra Pradesh is already underway. These two ports will add additional capacity of around 100 MTPA.