Mumbai Port's staff strength to halve by 2021; operating profit to rise

Huge saving in salaries and wages seen, as these make up 68-72% of total operating expenses

Staff strength at Mumbai Port
Year	No. of employees
April 2016	10,364
April 2017	9,493
April 2018	8,724
April 2019	7,722
April 2020	6,643
April 2021	5,664

Mumbai Port, the country’s biggest government-owned one, will see its staff strength halve by 2021, as a large number of employees are due for retirement. With no plan for hiring to replace the retirees, it is expecting stronger operating profit