Deendayal Port Authority Achieves 70 MMT Cargo Milestone Ahead of Schedule
Deendayal Port Authority in Kandla, Gujarat, has reached a significant milestone by handling 70 million metric tons (MMT) of cargo this fiscal year, 16 days earlier than the previous year. Last year, the 70 MMT mark was reached on October 14, 2023, showcasing the port’s rapid growth and efficiency improvements.
The port authority stated that this achievement reflects the collective efforts and support of all port users and stakeholders, as well as the dedication of port officials, employees, workers, and trade unions.
Imports and Exports Growth
Several cargos contributed to this impressive growth in cumulative tonnage during the current fiscal year compared to the corresponding period of the last fiscal.
Imports Category
Phosphoric acid, chemicals, MOP (finished fertilizers), rock phosphate, iron scrap, food grains, iron ore, machinery, sugar, timber, coking coal, and crude oil have all shown an increase in tonnage.
Exports Category
An uptick in the handling of POL (petroleum, oil, and lubricants), edible oil, chemicals, food grains, bentonite, salt, oil extractions, silica sand, and sesame seeds was recorded.
Sushil Kumar Singh, IRSME, Chairman of DPA, extended heartfelt congratulations to all port users, stakeholders, trade unions, port officials, employees, and workers for their invaluable contribution in achieving this milestone. He stated that their collaboration and unwavering support have been instrumental in driving DPA’s success.
“This achievement marks a crucial step in DPA’s journey towards excellence, as the port continues to break barriers, set new benchmarks, and contribute to the growth of India’s maritime sector,” the port authority said in the statement.
Doubts Revealed
Deendayal Port Authority -: Deendayal Port Authority is a government organization that manages the port in Kandla, Gujarat. A port is a place where ships load and unload goods.
70 MMT -: 70 MMT stands for 70 million metric tons. A metric ton is a unit of weight equal to 1,000 kilograms.
Fiscal year -: A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. It is not always the same as the calendar year.
Chairman Sushil Kumar Singh -: Sushil Kumar Singh is the person in charge of the Deendayal Port Authority. He leads and makes important decisions for the port.
Imports and exports -: Imports are goods brought into a country from abroad, and exports are goods sent from a country to other countries.
Phosphoric acid -: Phosphoric acid is a type of chemical used in fertilizers and other products. It helps plants grow better.
Petroleum -: Petroleum is a natural resource found underground. It is used to make fuels like petrol and diesel for vehicles.
Food grains -: Food grains are seeds like wheat, rice, and corn that people eat. They are important for making food like bread and rice dishes.