India’s ports sector set for major growth with 500-550 MTPA capacity expansion annually by FY2028

India’s ports sector is expected to add 500-550 MTPA of capacity annually between FY2023 and FY2028, driven by POL, coal, and containerized cargo. Major ports handled 819 MMT of cargo in FY24. The sector’s infrastructure includes 13 major and 205 non-major ports, strategically positioned to enhance India’s dominance in global maritime trade.

UAE-based Sharaf Group announced a Rs 5,000 crore investment in Kerala over the next five years, citing the state’s conducive business environment and talented workforce. The investment will focus on two dry ports and create numerous job opportunities, further boosting the region’s economic growth.

The Adani Group plans to invest ₹30,000 crore in Kerala over the next five years, announced Karan Adani, MD of Adani Ports and SEZ Ltd. The company will expand Trivandrum International Airport’s capacity from 4.5 million to 12 million passengers with an investment of ₹5,500 crore. Additionally, it will establish a logistics and e-commerce hub […]

Union Minister Sarbananda Sonowal inaugurated the Inland Waterways Terminal at Jogighopa, Assam, sending the first shipment to Bangladesh. The terminal is strategically situated to boost trade with Bhutan and Bangladesh and is expected to handle 1.1 million tonnes of cargo annually by 2027.

NMDC Group PJSC has agreed to invest Rs 21,000 crore for the development of Vadhvan Port in Maharashtra, collaborating with Jawaharlal Nehru Port Authority. This partnership aims to enhance India’s port infrastructure by focusing on dredging, reclamation, and shore protection at the new greenfield port.

Indian industries should collaborate to strengthen the local shipping and shipbuilding sectors, says Takeshi Hashimoto, CEO of Japan’s MOL. He highlights the necessity of government support and a unified industry approach for long-term gains. Hashimoto believes structured policies and industrial collaboration are vital for India to achieve global competitiveness in these sectors.

The Syama Prasad Mookerjee Port, Kolkata will lease nearly five acres of land at Nature Park to develop an eco-friendly wellness hub and tourism centre. The project aims to generate over Rs 3 crore annually and include facilities like eco-cottages, bird-watching towers, and cycling tracks, while preserving the park’s ecosystem.

Maharashtra is set to attract significant investments in India’s evolving logistics sector, with projections of USD 4 billion over the next three years. The event LogiMAT India 2025, featuring more than 200 brands, is expected to showcase advanced technologies and enhance India’s role in global supply chains.

Speaking to ET, Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal said work is gathering steam at Vadhavan with shore protection works worth Rs 1700 crore already being awarded. The International Container Transhipment Port (ICTP) at Great Nicobar is in an advanced stages of appraisal and approvals, with environmental clearance already in place, he said.

Adani Ports and Special Economic Zone aims to triple its international operations by 2029-30, with significant investments in Israel, Tanzania, and Sri Lanka. The company is enhancing capacity at key domestic ports, targeting new acquisitions, and expecting significant growth in international revenue and cargo handling efficiency.