East coast container terminals may lie idle

Adani adding capacity as economy, trade growth slow

The upcoming container capacity on Indian shores is threatening the prospects of existing players whose capacities are already idling. With Adani Ports setting up container capacity at Vizhinjam on the west coast, and Dhamra and Ennore ports on the east, a fight for volumes is in the offing. Together, the three container terminals will add a capacity of over 6 million TEUs, or twenty-foot equivalent units, a measure for container traffic.

The economy has been slowing since January-March 2016 and growth hit a three-year low of 5.7 per cent in the April-June quarter, indicating slow growth in trade.

The eastern