Adani Ports handles 420 mt cargo in FY24, domestic ports manage 408 mt
PORTS & SHIPPING

Adani Ports handles 420 mt cargo in FY24, domestic ports manage 408 mt

The port operator stated that Tycoon Gautam Adani controlled Adani Ports and Special Economic Zone (APSEZ) had ended FY24 by handling 420 million tonnes (mt) of cargo, including international ports, which represented a growth of 24 percent over the previous year.

India?s biggest private port operator mentioned that its domestic ports/terminals had contributed over 408 mt, with the flagship Mundra Port alone handling 180 mt, accounting for more than a fourth of all India cargo volumes.

It was noted that Mundra Port had handled more than 7.4 million twenty-foot equivalent units (TEUs), which accounted for over a third of India?s container cargo.

Furthermore, it was mentioned that Tuna had handled 10 mt, Hazira 26 mt, Mormugao 5 mt, Karaikal 12 mt, Ennore 13 mt, Kattupalli 12 mt, Krishnapatnam 59 mt, Gangavaram 37 mt, and Dhamra 43 mt.

It was advertised that around 44 percent of India?s containerized seaborne cargo moved through APSEZ ports, with its container volumes having grown by 2 times India?s container growth (approximately 11 percent compared to the all-India growth of around 5 percent) in the last 5 years.

Mundra Port was reported to have handled container volumes by rail of 1.9 million TEUs, marking a growth of 12 percent over the previous year.

The domestic cargo of 408 mt was stated to have surpassed the volume guidance of 370-390 mt given at the start of the financial year.

Karan Adani, Managing Director of APSEZ, stated that what made these accomplishments noteworthy was that they were achieved despite multiple challenges, such as the global trade disruptions caused by the Red Sea crisis, the Russia-Ukraine conflict, issues at the Panama Canal, and the disruption of operations due to Cyclone Biparjoy and Cyclone Michaung.

APSEZ was reported to have handled over 4,300 vessels, crossing its previous highest record of 3,938 vessels.

Karan Adani further stated that while it had taken 14 years for the company to achieve the first 100 mt of annual cargo throughput, the second and third 100 mt throughputs were achieved in 5 years and 3 years, respectively. The latest 100 mt mark had been achieved in less than two years, which, according to him, was a testament to their ongoing commitment and efforts towards enhancing operational efficiencies and maintaining their position as a top port operator in the industry.

The port operator stated that Tycoon Gautam Adani controlled Adani Ports and Special Economic Zone (APSEZ) had ended FY24 by handling 420 million tonnes (mt) of cargo, including international ports, which represented a growth of 24 percent over the previous year. India?s biggest private port operator mentioned that its domestic ports/terminals had contributed over 408 mt, with the flagship Mundra Port alone handling 180 mt, accounting for more than a fourth of all India cargo volumes. It was noted that Mundra Port had handled more than 7.4 million twenty-foot equivalent units (TEUs), which accounted for over a third of India?s container cargo. Furthermore, it was mentioned that Tuna had handled 10 mt, Hazira 26 mt, Mormugao 5 mt, Karaikal 12 mt, Ennore 13 mt, Kattupalli 12 mt, Krishnapatnam 59 mt, Gangavaram 37 mt, and Dhamra 43 mt. It was advertised that around 44 percent of India?s containerized seaborne cargo moved through APSEZ ports, with its container volumes having grown by 2 times India?s container growth (approximately 11 percent compared to the all-India growth of around 5 percent) in the last 5 years. Mundra Port was reported to have handled container volumes by rail of 1.9 million TEUs, marking a growth of 12 percent over the previous year. The domestic cargo of 408 mt was stated to have surpassed the volume guidance of 370-390 mt given at the start of the financial year. Karan Adani, Managing Director of APSEZ, stated that what made these accomplishments noteworthy was that they were achieved despite multiple challenges, such as the global trade disruptions caused by the Red Sea crisis, the Russia-Ukraine conflict, issues at the Panama Canal, and the disruption of operations due to Cyclone Biparjoy and Cyclone Michaung. APSEZ was reported to have handled over 4,300 vessels, crossing its previous highest record of 3,938 vessels. Karan Adani further stated that while it had taken 14 years for the company to achieve the first 100 mt of annual cargo throughput, the second and third 100 mt throughputs were achieved in 5 years and 3 years, respectively. The latest 100 mt mark had been achieved in less than two years, which, according to him, was a testament to their ongoing commitment and efforts towards enhancing operational efficiencies and maintaining their position as a top port operator in the industry.

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?