Since 2013-14, the volume of cargo transported through these waterways has seen an exponential rise, with total traffic handled increasing from 29.16 MMT in FY 2014-15 to 133.03 MMT in FY 2023-24, marking an impressive Compound Annual Growth Rate (CAGR) of 18.07%.
This surge represents a more than six-fold increase compared to the 18.07 MMT recorded in FY 2013-14. With the ambitious targets set under the Maritime India Vision 2030 and Maritime Amrit Kaal Vision 2047, the Government aims to further boost cargo traffic, targeting 200 MMT by 2030 and an impressive 500 MMT by 2047. The number of operational waterways increased from just 3 in 2013-14 to 26 by 2024.
