WASHINGTON: Kochi is among the major ports in the country that have put up a commendable performance during the last financial year with a cargo growth rate of more than 13% compared to the national average growth of nearly 7%.
The Kochi port also did well in improving business. The port recorded an operating surplus of more than Rs. 127 crore during the last financial year compared to the operating surplus of nearly Rs. 71 core during the previous financial year. The port made a total operating income of Rs. 496.15 crore during the last year compared to Rs. 437 crore during the previous financial year. The port trust has also been able to cut net loss during the last financial year compared to the previous year. According to data available with the Indian Ports Association, cargo growth touched 13.16 per cent during 2016-17. Cargo throughput at Kochi grew from 22.09 million tonnes during 2015-16 to 25 million tonnes during the last financial year. The other ports that have put up a better performance than Kochi include Paradip portand Mormugao port.
