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    A Generic algorithm based data envelopment analysis to measure efficiency levels at liquid terminals of major ports of India during 2013-14 to 2017-18.
    (2019) Pavan Kumar, Pannala; Bhanu Prakash, Nookala; Ramalingeswara Rao, B. V.; Anirudh, Bhavana
    India, a vibrant economy with potential scope for development had attracted investments into multiple sectors of economy both by Indian and foreign investors. However, reliance on imports of energy requirements had put pressure on its foreign exchange. India’s own petro resources are not sufficient to meet the growing demands of its economy. Petroleum, Oil, and Lubricants (POL) along with natural gas products have been the major importing cargo for India and therefore account for as a major importing bill for the nation. Shipping had been the cheapest and safest way to transport of this cargo and ports have been contributing towards the smooth movement of POL products in India. It is imperative for the Indian ports to efficiently handle this key cargo and reduce the overall logistics cost involved in the entire supply chain. With over 32% share, POL accounts to be the single largest cargo handled at Major ports of India. Considering the significance of this major cargo component, it is important to check the level of efficiency with which the ports handle. Such studies on POL terminal operations would help the major ports to learn from the efficient ports among them. Lack of existing literature measuring performances of liquid terminals at major port has motivated this study to fill the gap and check the efficiency with which these liquid terminals are actually operating. Research works addressing port performance, covering ports and container terminals, have used Data Envelopment Analysis (DEA), a popular non-parametric technique to measure efficiency levels. Taking a cue from these studies measuring port efficiency, this study has applied Genetic Algorithm based DEA to measure efficiency at liquid terminals of the major ports of India. Results at the 12 major ports handling liquid cargo show that none of the port had attained the efficiency level of 1 and that all ports have a lot of scope to improve their performance.