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Paradip Port has emerged as the largest Indian major port in cargo throughput in FY24

Published on April 04, 2024
Current Context: Paradip Port in Odisha has indeed emerged as India’s largest major port in terms of cargo volumes for the fiscal year 2023-24.
Paradip Port has emerged as the largest Indian major port in cargo throughput in FY24
  • It handled a record-breaking 145.38 million metric tonnes (MMT) of cargo throughput, surpassing Deendayal Port Authority in Gujarat.
  • This is the first time in its 56-year history of operation that Paradip Port has achieved this feat.
  • Some additional details about Paradip Port’s performance in FY24 include:
  • The port achieved the highest-ever coastal shipping traffic of 59.19 million metric tonnes.
  • The thermal coal shipping reached 43.97 million metric tonnes.
  • The port handled 2,710 ships, an increase of 13.82% compared to FY23.
  • The operating revenue crossed Rs 2,300 crore in FY24, an increase of 14.30% compared to the previous fiscal.
  • This achievement is a testament to the port’s improved system of operation and its strategic location near the mineral-rich hinterland.

Question:

Q.1 Which port emerged as India’s largest major port in terms of cargo volumes for the fiscal year 2023-24?
a. Deendayal Port Authority, Gujarat
b. Paradip Port, Odisha
c. Mumbai Port, Maharashtra
d. Chennai Port, Tamil Nadu
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