The capacity of all the major ports as on March 31, 2015 was 871.52 MMT, compared with 581.54 MMT in cargo traffic handled through 2014-15. Container-handling in FY 2015 expanded 6.7 per cent year-over-year to 8 million twenty foot-equivalent units (TEUs) from 7.46 million TEUs through the same period in 2013-14.
In FY 2015, cargo volumes at the major ports expanded 4.7 per cent year-over-year to 581.3 MMT. In FY15, coal cargo traffic grew 13.4 per cent to 118.1 MMT from 104.2 MMT in FY14. With regard to commodities, fertilizer handling rose 19 per cent to 16.3 MMT in FY15.
The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, reported that the Indian ports sector received FDI worth US$ 1,637.3 million between April 2000 and September 2015. Currently, there are about 44 ongoing projects undertaken at major ports in India, with total investment of over Rs 25,870 crore (US$ 3.88 billion).
The Planning Commission of India forecasts an investment of Rs 180,626 crore (US$ 27.1 billion) for this industry in its 12th Five Year Plan. The Ministry of Shipping has set a target capacity of over 3,130 MMT by 2020 for the Indian Shipping Industry.