Paradip Port Trust in Odisha, India, has set an ambitious target of handling 150 million tonnes of cargo this fiscal year in a bid to become the top port among major ports in the country. According to its chairman P L Haranadh, the port is currently the second largest among all 12 major ports in India, handling 135.36 million tonnes of cargo in the previous fiscal year, which is just 2.5 million tonnes less than Kandla port in Gujarat, the top-ranked port.
The port has implemented a strategy to raise its capacity to 500 million tonnes by 2047. Haranadh said the port is focusing on enhancing its operational efficiency, including improving turnaround time for ships, upgrading infrastructure, and expanding facilities, to achieve its targets.
The port is working on various projects to increase its capacity, including the construction of a container terminal, a multipurpose berth, and a coastal berth. It is also planning to set up a mechanized coal handling plant and an LNG terminal. The port is also looking at ways to boost its coastal shipping and inland waterways connectivity to improve its hinterland connectivity.
Paradip Port has seen steady growth in cargo handling over the years, and it has emerged as a major gateway for trade in the eastern region of India. The port has been actively promoting the concept of “port-led development” by attracting investments in industries such as petrochemicals, steel, and fertilizers, among others, in its hinterland.
The port has also been working towards reducing its carbon footprint by adopting various green initiatives such as using renewable energy, installing LED lighting, and implementing a waste management system. It has also undertaken various social welfare programs for the benefit of the local community, such as providing education, healthcare, and employment opportunities.
