How Adani Ports unlocked growth potential of India’s seaports after acquisitions ...Middle East

New Delhi: India’s largest private port operator, Adani Ports and Special Economic Zone Ltd (APSEZ), announced earlier this month that it handled a record 420 MMT (million metric tonne) cargo in FY24 (including international ports), setting a new milestone in its journey. It was an impressive 24 per cent growth (year-on-year), with domestic ports contributing over 408 MMT cargo. While it took 14 years for the company to achieve the first 100 MMT of annual cargo throughput, the second and third 100 MMT throughputs were achieved in 5 years and 3 years. Notably, the latest 100 MMT mark was achieved in less than two years’ time. How did this impressive feat happen? Over the years, APSEZ has evo

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Last updated : 19 April 2024 clock 06:41 PM

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How Adani Ports unlocked growth potential of India’s seaports after acquisitions ...Middle East

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