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Major ports record 3.6% volume growth in April-Dec 2017

The major ports, which are under the aegis of Indian government, have recorded a growth of 3.64 per cent and together handled 499.41 million tonnes (mt) of cargo during the period April to December 2017 against 481.87 mt handled during the corresponding period of previous year.

The growth rate is marginally higher than that for the April-September 2017, when the major ports in India have recorded a growth of 3.24 per cent.

For the period from April-December 2017, eight ports (Kolkata - including Haldia, Paradip, Visakhapatnam, Chennai, Cochin, New Mangalore, JNPT and Kandla) have registered positive growth in traffic.

The highest growth was registered by Cochin Port (17.27 per cent), followed by Paradip (14.59 per cent), Kolkata [including Haldia] (12.45 per cent), New Mangalore (6.6 per cent) and Jawaharlal Nehru Port Trust (5.94 per cent).

Source: The Hindu Business Line

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