The state-owned IIFCL has approved loans totaling Rs 82.44 billion for about 20 projects to help increase port capacity by 836 million tonnes per annum (MTPA), or one-fourth of India's total cargo volumes. About 2,600 MTPA is India's entire port capacity. As of March 2022, the cargo handling capacity of 12 mainports of this total was 1,598 MTPA.

The Port of Paradip, Port of Essar Vizag, Port of Tuticorin, Port of Krishnapatnam and Port of Karaikal are just some of the major port projects that have received financial support from the India Infrastructure Finance Company (IIFCL).

The most recent is the Port of Ramayapatnam, which confirms our confidence in this crucial industry and its potential to improve connectivity, reduce logistics costs and strengthen the economy.

15 non-major ports and 5 of India's 12 major ports have been developed by IIFCL.

IIFCL would contribute Rs 10 billion to another non-major port in Andhra Pradesh with a target capacity of 30 MTPA, continuing to support world-class infrastructure in India.