According to the Ministry of Shipping, around 95 per cent of India’s trading by volume and 70 per cent by value is done through maritime transport. India has 12 major and 205 notified minor and intermediate ports. Under the National Perspective Plan for Sagarmala, six new mega ports will be developed in the country. The Indian ports and shipping industry play a vital role in sustaining growth in the country’s trade and commerce.
India’s cargo traffic handled by ports is expected to reach 1,695 million metric tonnes by 2021-22 and with the ever-growing demand, Volvo Construction Equipment India (Volvo CE) initiated its first port event at Krishnapatnam Port (KPCL) in Nellore, Andhra Pradesh. It was the two-day ‘Support at Port’ event from March 5 to 6, focussed on showcasing the strength of Volvo CE machines in the ports sector. The port was named after Sri Krishnadevaraya – Emperor of the Vijayanagar Empire – who first operated the port and is still revered in India.
The recent event proved to be a great occasion and platform to display Volvo CE machines and how they can help in increasing productivity at the ports. The high performing, fuel efficient Volvo machines perform a variety of tasks around the port, ranging from handling cargo inside the vessel cargo hold, to loading and unloading cargo from the shore cranes, warehouse, stock yards and railway wagon sidings.
Increasing investments and cargo traffic point towards a healthy outlook for the Indian ports sector. Providers of services such as operation and maintenance (O&M), pilotage and harbouring and marine assets such as barges and dredgers are benefiting from these investments. In terms of handling bulk cargo, Volvo CE machines set new benchmarks at ports in country.
Having set the tone for the growth path, the Indian major ports and non- major ports have formulated ambitious plans for development of new outlets, augmentation of existing service centres, induction of state-of-the-art cargo handling equipment and improvement in logistics in order to meet the challenges emanating from the anticipated growth in the trade.
Traffic at major ports in India reached 680 million tonnes and the government of India is aiming to create port capacity of 3,200 million tonnes by 2020, according to India Brand Equity Foundation. With ports playing a major role in India’s economy, Volvo CE highlighted how its machines are supporting one of the largest automated ports in India.