India Bolsters Trade Connectivity with Nine Ports in Global Top 100
New Delhi, June 19, 2024 — In a significant boost to India’s maritime infrastructure, nine Indian ports have been ranked among the prestigious Global Top 100 Container Ports, as per the 2023 Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence.
Visakhapatnam Port made an impressive leap to the 19th position globally, showcasing remarkable improvement from its previous 115th rank in 2022. This port’s efficiency is highlighted by its 27.5 moves per crane hour and a turnaround time (TRT) of 21.4 hours, reflecting its minimal berth idle time and high operational performance.
Mundra Port also climbed the rankings significantly, moving from 48th to 27th position. Other Indian ports in the top 100 include Pipavav (41st), Kamarajar (47th), Cochin (63rd), Hazira (68th), Krishnapatnam (71st), Chennai (80th), and Jawaharlal Nehru (96th) (PIB) (NDTV Business).
Union Minister of Ports, Shipping & Waterways, Sarbananda Sonowal, attributed this success to the Sagarmala programme, an ambitious initiative by Prime Minister Narendra Modi aimed at modernizing and mechanizing Indian ports. Sonowal highlighted that the programme has integrated new technologies and green infrastructure, which have significantly enhanced the efficiency and resilience of India’s ports.
“This is a tremendous achievement for Indian ports and a testament to the efforts taken by the government to modernize, mechanize, and make them technologically savvy to improve performance and enhance efficiency,” Sonowal said. He added that these advancements are crucial for the stability of global markets and the sustainability of India’s maritime industry (Indian Infrastructure) (Devdiscourse).
The inclusion of nine Indian ports in the global top 100 is expected to bolster India’s trade connectivity, improve the efficiency of cargo handling, and strengthen the country’s position in global trade networks. This achievement underscores India’s commitment to enhancing its maritime infrastructure, paving the way for increased economic growth and development driven by port-led activities.
The CPPI rankings measure ports’ resilience, efficiency, and overall performance, making this recognition a significant milestone for India’s maritime sector. With continued focus on modernization and technological integration, Indian ports are poised to climb even higher in global rankings in the future