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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

Odisha’s Maritime Sector Sees Unprecedented Growth With Economic Prosperity

OMMCOM NEWS by OMMCOM NEWS
July 26, 2025
in Odisha

Bhubaneswar: The Odisha Commerce & Transport Department has been spearheading initiatives to transform the state’s maritime sector. The Odisha Maritime Board is at the forefront of these efforts, which have resulted in significant modernisation and expansion of key ports.

In the fiscal year 2024-25, cargo handling capacities at non-major ports reached 80 million metric tons per annum (MTPA), with Dhamra Port handling 46.08 MTPA and Gopalpur Port handling 6 MTPA. This has led to substantial revenue generation of INR 306.15 crore for the state. Paradip Port Authority, the major port in Odisha, handled 150.41 MTPA cargo in FY 2024-25, making it the largest cargo handling major port in India.

The state’s maritime strategy emphasises sustainability, integrated logistics, and network viability, coupled with a strong focus on safety and skill development. The introduction of advanced port technologies and deeper berths is opening new avenues for trade, industry, and regional integration.

Significant investments are expected in the maritime sector, including a project with JSW Utkal Steel Limited, which will bring in an investment of INR 2,104 crore and generate employment for nearly 3,450 people. The revised concession agreement with Gopalpur Ports Ltd. is expected to bring in an investment of INR 16,554 crore and generate direct and indirect employment for about 5,000 people.

To improve the requirement of skilled workforce in maritime training, simulators have been installed at the Crew Training Institute Chandbali and Odisha Maritime Academy. Furthermore, the Directorate Ports & IWT has distributed nearly 35,000 life-saving equipment to boat owners with a 95% subsidy to improve safety in inland water transport.

Odisha’s maritime development is creating new opportunities for trade, manufacturing, and employment, bridging regional disparities and integrating aspirational coastal districts into the mainstream growth narrative. The state is steadily emerging as a rising maritime hub, driven by a clear vision, strong policy direction, and a commitment to inclusive, future-ready infrastructure, all aligned with the state’s broader goal of a Viksit Odisha by 2036 for a Viksit Bharat by 2047.

Tags: Commerce & Transport department
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