Krishnapatnam Port sees 30% growth in cargo handling

Last Updated: Fri, Nov 30, 2012 03:20 hrs

Privately-run Krishnapatnam Port Company Limited (KPCL) is expecting a growth of 30 per cent in cargo handling in the current financial year, as against the previous year.

“Over the last two years, we have seen a 16 per cent growth year-on-year. We expect to close this fiscal with a 30 per cent growth on the back of increase in cargo handling of agri-based products and coal exports,” Anil Yendluri, chief executive officer, Krishnapatnam Port, said. The company is targeting to handle around 21 million tonne cargo by March as against 15.42 million tonne from 438 vessels in FY12.

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