(Commonwealth_ Indian ports have made significant advancements in key operational parameters, achieving global best practices, as noted by senior officials from the Ministry of Ports, Shipping, and Waterways. Data compiled by the ministry revealed that the average container turnaround time (TRT) at the country’s eight major ports improved to 22.57 hours in the fiscal year 2023-24, down from 23.44 hours in fiscal 2022-23. These ports, which handle 65% of the cargo moving through the central government-administered ports, are instrumental in driving the country’s economic growth and trade.
Indian ports have made significant advances in streamlining operations, resulting in an average container turnaround time (TRT) of less than a day in 2023-24. This rapid TRT surpasses the United States (1.5 days) and Australia (1.7 days), while nearly matching Singapore’s top performance (1.0 days). The success stems from targeted investments in state-of-the-art cargo handling equipment at berths, enabling faster and more efficient loading and unloading of containers. Additionally, the integration of digitalization has enhanced supply chain visibility, allowing for real-time tracking and management of cargo flows. This combination has significantly boosted productivity and port efficiency across India.
The New Mangalore Port Authority (NMPA) achieved remarkable improvements in its container turnaround time (TRT), reducing it from 26.50 hours in fiscal 2022-23 to just 18.65 hours in 2023-24. This significant gain underscores NMPA’s commitment to enhancing port efficiency and productivity. Meanwhile, V. O. Chidambaranar Port Authority (VOCPA) stood out as India’s most efficient port during the period, recording an exceptional TRT of 18.48 hours. VOCPA’s performance highlights its operational excellence and ability to handle cargo swiftly, contributing to its reputation as a leading port in the country.
The ports also reported an increase in cargo handling capacity, collectively managing 532.6 million tonnes (MT) of cargo during 2023-24, representing a 6% increase over the previous fiscal year. Paradip Port Authority (PPA) stood out as the top performer, handling 145.38 MT of cargo, an increase of 10.02 MT over the 2022-23 levels. The port also registered a 21% rise in net surplus compared to the previous fiscal year, amounting to Rs 1,570 crore.
Jawaharlal Nehru Port Authority (JNPA) achieved a container TRT of 22.22 hours and handled 85.82 MT of cargo, generating a net surplus of Rs 1,263.94 crore. Despite challenges, such as the decline in cargo handling at Deendayal Port Authority (DPA), which experienced a decrease of 5.19 MT to 132.37 MT in fiscal 2023-24, the port still managed to record a 2.04% increase in net surplus, reaching Rs 1,096.6 crore.
These improvements are indicative of the concerted efforts to enhance the efficiency and productivity of India’s major ports. Investments in state-of-the-art technology, such as automated cargo handling systems and real-time supply chain monitoring, have played a crucial role in optimizing port operations.
Additionally, the government’s push for digitalization and streamlining customs procedures has improved the speed and accuracy of cargo movement, benefiting exporters and importers alike. The emphasis on reducing TRT has not only minimized port congestion but also boosted the competitiveness of Indian ports in the global market.
The achievements of these ports in reducing TRT and increasing cargo handling capacity have far-reaching implications for India’s economy. They contribute to the country’s reputation as a reliable trade partner and support its ambitions of becoming a major hub for international shipping and trade.
Looking ahead, the continued investment in infrastructure and technology, coupled with a focus on sustainable practices, will be key to maintaining the momentum of progress in Indian ports. Collaborative efforts between the government, port authorities, and industry stakeholders will further drive efficiency and solidify India’s position as a leader in global maritime trade.
