India’s port volumes rise 3.4% in FY25, outlook steady for FY26: ICRA

India’s port sector saw 3.4 per cent YoY cargo growth in FY25, led by an 11 per cent rise in containers and 3 per cent in petroleum products, while coal volumes fell 3 per cent. Infrastructure push under Maritime Vision 2030 continues, with rising capex and consolidation. FY26 cargo is expected to grow 3–5 per cent, driven by containers and fertilisers.

Jun 2, 2025 - 12:30
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India’s port volumes rise 3.4% in FY25, outlook steady for FY26: ICRA
India’s port sector saw 3.4 per cent YoY cargo growth in FY25, led by an 11 per cent rise in containers and 3 per cent in petroleum products, while coal volumes fell 3 per cent. Infrastructure push under Maritime Vision 2030 continues, with rising capex and consolidation. FY26 cargo is expected to grow 3–5 per cent, driven by containers and fertilisers.