<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Visakhapatnam Port Authority (VPA)</span></b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">

has successfully retained its position as India’s premier gateway for marine

exports, clocking in record-breaking seafood volumes for the fiscal period. The

port continues to be the backbone of the country’s blue economy, leveraging its

strategic location and specialized infrastructure to facilitate the global

distribution of Indian seafood.<o:p></o:p></span></p>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Key Performance Milestones<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Top

Export Destination</span></b><span style="font-size:14.0pt;line-height:

115%;font-family:&quot;Times New Roman&quot;,serif">: Visakhapatnam Port remains the

leading hub for seafood shipments in India, outperforming other major

maritime gateways in total export value and volume.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Record

Seafood Volumes</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The port handled unprecedented

tonnages of marine products, driven primarily by high global demand for

frozen shrimp and fish varieties.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Infrastructure

Excellence</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: VPA’s success is attributed to its

dedicated reefer (refrigerated container) plug points and streamlined

customs clearance processes tailored for perishable goods.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Regional

Dominance</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The port serves as the primary exit

point for the robust aquaculture clusters of Andhra Pradesh, which

contributes significantly to India’s total marine export basket.<o:p></o:p></span></li>

</ul>

<p class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">Strategic Drivers &amp; Economic

Significance<o:p></o:p></span></b></p>

<ul style="margin-top:0cm" type="disc">

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Aquaculture

Growth</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: The surge in volumes is closely

linked to the expansion of shrimp farming and inland fisheries in the

port’s immediate hinterland.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Global

Market Reach</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: Products handled at VPA are

predominantly destined for major international markets, including the

United States, China, and the European Union.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Modernization

Efforts</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: Ongoing investments in terminal

automation and cold chain integration have reduced turnaround times,

ensuring that products maintain high quality during transit.<o:p></o:p></span></li>

<li class="MsoNormal"><b><span style="font-size:14.0pt;line-height:115%;font-family:&quot;Times New Roman&quot;,serif">Logistics

Connectivity</span></b><span style="font-size:14.0pt;line-height:115%;

font-family:&quot;Times New Roman&quot;,serif">: Enhanced rail and road links have

simplified the movement of cargo from processing plants directly to the

port’s container terminals.<o:p></o:p></span></li>

</ul>