Chennai, Kamarajar Ports eye 100 million metric tonne cargo in FY24

The Chennai Port Trust and its subsidiary Kamarajar Port Ltd have set a target of crossing 100 million metric tonne of cargo in the current financial year, a top official said here on Monday.

Both the ports handled 92.46 million metric tonne of cargo in the last financial year, Chairman and Managing Director Sunil Paliwal said.

On the performance of the Ports, he said Chennai Port Trust handled 48.95 million metric tonne of cargo, which was up by 0.8 per cent from 48.56 million metric tonne handled last year.

Kamarajar Port handled 43.51 million metric tonne of cargo in 2022-23 up by 12.31 per cent from 38.74 million metric tonne recorded the previous year.

"Container is the major cargo handled by Chennai Port Trust. It is about 58 per cent. While liquid bulk and dry bulk cargo also witnessed a good growth this year," he told reporters.

To a query, the Chairman said exports of automobiles grew last year at Chennai Port Trust following the signing of agreements with several automaj