Container volumes at JNPT dips 7 per cent in FY21
April 06, 2021
A file photo of Jawaharlal Nehru Port Trust . - BusinessLine×
India’s biggest state-run container port continue losing market share to Mundra
Cargo containers handled at state-owned Jawaharlal Nehru Port Trust (JNPT) dipped 7.04 per cent to 4.676 million twenty-foot equivalent units (TEUs) in FY21 from 5.031 million TEUs a year earlier. This indicates India’s biggest state-run container gateway was hit by a combination of the pandemic induced demand destruction and diversion of cargo to the private rival Mundra port in Gujarat.
This is the first time in three years that JNPT handled less than 5 million TEUs.