Cargo picks up at Indian ports after two months of decline

Cargo picks up at Indian ports after two months of decline

Indian ports handled more cargo in July over the last year after two consecutive months of decline. Volume growth at the ports rose by over three per cent in July, a report by investment banker Goldman Sachs Group said; and this growth is led by iron ore, fertiliser and other cargo. Some of these positives were offset by negative trends in coal- and oil and gas-related product volumes. Ports across the country handled 593.7 lakh tonnes of cargo in July.

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