APSEZ port crosses 300 mn tonnes of cargo handling through 12 ports

It took 14 years to achieve 100 MMT annually with five ports in its portfolio, and doubled it to 200 MMT with nine ports in just the next five years

Adani Ports and Special Economic Zone Ltd, the largest integrated transport utility in India, has crossed a historic milestone by handling 300 MMT of cargo well ahead of the fiscal year ending March 2022.

“The acceleration of our cargo volumes is a manifestation of our ability to continue to execute on our strategy,” said  Karan Adani, CEO and Whole Time Director, APSEZ.

“Our network of ports across the Indian coastline coupled with our integrated logistics capabilities, focus on technology enabled digitised operations and, most importantly, the deep relations that we have built with our customers and partners (that include the global shipping lines), are all coming together to make APSEZ a full-fledged integrated ports & logistics platform that augments each other. We anticipate our growth to continue to accelerate given our capabilities that are now best-in-class and the tailwind of a growing Indian economy," Adani said.

APSEZ took 14 years to achieve 100 MMT annually (with five ports in its portfolio) in FY 2014, and doubled it to 200 MMT annually (with nine ports in its portfolio) in just the next five years.

Now with 12 ports in its portfolio, APSEZ’s milestone of handling 300 MMT annually has come about in just three year -- despite two years of slowdown due to the  Covid pandemic. 

• 100 MMT: FY2014, with 5 ports

• 200 MMT: FY2019, with 9 ports

• 300 MMT: FY2022, with 12 ports