The Business Bytes
Paradip, November 23, 2024 (TBB Bureau): Paradip Port Authority (PPA) has once again solidified its position as a leader in India’s maritime sector by winning the coveted “Major Port of the Year-East Coast” award at the prestigious 11th International Samudra Manthan Awards 2024. The event, held at the Jio World Convention Centre, BKC, Mumbai, celebrated excellence in the maritime industry and recognized outstanding contributions to global trade and logistics.
PPA Chairman PL Haranadh received the award on behalf of the port, expressing his gratitude and congratulating the dedicated PPA team. In his acceptance speech, Haranadh highlighted that the recognition is a testament to the port’s relentless pursuit of operational excellence.
“This award reflects the hard work, innovation, and dedication of the entire Paradip Port Authority team. We remain committed to achieving new milestones and maintaining our leadership among India’s major ports,” Haranadh said.
PPA is on the verge of a historic achievement, set to surpass the 100 MMT cargo handling mark next month — an accomplishment ahead of schedule compared to the last fiscal year. This milestone underscores the port’s growing importance in India’s maritime trade and its strategic role in driving economic growth.
The port has consistently focused on enhancing infrastructure, adopting cutting-edge technology, and streamlining operations to better serve its stakeholders. These efforts have positioned Paradip Port as a model for operational efficiency and a key contributor to India’s ambitious maritime vision.
The International Samudra Manthan Awards, known for recognizing excellence in the maritime sector, attract top players from the industry. PPA’s win this year underscores its exceptional contributions to maritime trade and its unwavering commitment to fostering growth and innovation in the sector.
