Photo for representation
Prime Minister Narendra Modi has lauded the achievement of Tuticorin VOC port in logging a year-on -year growth of 11.35% and surpassing the target handling cargo set by the Shipping and Ports Ministry.
The port has handled 36.03 million tonnes of cargo, as on March 14 and shot past the target of 36 million tonnes, set by the Ministry 17 days ahead in financial year 2022-23 which ends on March 31.
In a response to a tweet by V.O. Chidambaranar Port Authority, Tuticorin, the Prime Minister responded: “Good! India’s port sector is growing rapidly and contributing to economic progress.”
The major commodities handled by Tamil Nadu’s second largest port that have witnessed considerable growth are Construction Material (67.41%), Thermal Coal (NTPL) ( 63.16% ), Lime Stone ( 51.72% ), Sulphuric Acid ( 37.34% ), Palm Oil ( 35.55% ), Industrial Coal ( 25.08% ), Thermal Coal (TNEB) ( 12.80%).
The major factors that have contributed to the increased cargo handling activity are bulk cargo transhipment, implementation of Preferential Berthing Scheme, MoU based customer retention, attraction of ad-hoc container mainline vessel calls, increased coastal movement of salt and implementation of Ease of Doing Business initiative, said T.K. Ramachandran, Chairman, V.O. Chidambaranar Port Authority.
PM Modi lauds Tuticorin port’s feat of surpassing cargo target
Central banks of India and Mauritius have signed an MoU to enable the use of…
Prime Minister Benjamin Netanyahu and Defence Minister Israel Katz have directed the Israel Defense Forces…
Former Australian Prime Minister Tony Abbott said on Tuesday that there is "no future for…
Defence Minister Rajnath Singh held a meeting with his Netherlands counterpart Ruben Brekelmans in Delhi…
Ministry of External Affairs Secretary (West) Tanmaya Lal held a meeting with European Parliament Chair…
Tibetan Parliament-in-Exile Speaker Khenpo Sonam Tenphel has condemned the worsening situation in Tibet under Chinese…