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flag India's ports aim to boost capacity by 500-550 MTPA by 2028, driving trade and economic growth.

flag India's port sector is expected to expand its annual capacity by 500-550 MTPA from FY2023 to FY2028, driven by growth in petroleum, oil, lubricants, coal, and container cargo. flag Currently handling 95% of India's export volumes and 70% of export values, the sector is poised for significant development, with both major and non-major ports playing key roles. flag The expansion is expected to support trade and economic growth.

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