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Indian ports allocated 962 acres for port-led development, to attract Rs 68,780 cr of investments
The Business Guardian
|May 14, 2025
Indian ports collectively allocated 962 acres of land for port-led industrialization, projected to generate an income of Rs 7,565 crore in FY 2024-25 according to a statement by the Ministry of Ports, Shipping and Waterways.
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Furthermore, it adds, lessees are expected to make future investments of Rs 68,780 crore on the allotted land, which reaffirms investor confidence in port-led development.
Private sector participation has been instrumental in this transformation, with investments in PPP projects at Major Ports increasing threefold, from Rs 1,329 crore in FY 2022-23 to Rs 3,986 crore in FY 2024-25, highlighting strong investor confidence.
In addition, India's major Ports registered an annual growth rate of 4.3 per cent in cargo handling in financial year 2024-25 to 855 million tonnes, increasing from 819 million tonnes in financial year (FY) 2023-24.
The major ports include Paradip Port Authority (PPA), Deendayal Port Authority (DPA), Jawaharlal Nehru Port Authority (JNPA).
This story is from the May 14, 2025 edition of The Business Guardian.
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