Adani Ports Leads Global Peers with Market Value Surge

19 Jun 2024 CW Team

Adani Ports & Special Economic Zone Ltd (APSEZ) has achieved a significant milestone, surpassing its global counterparts in market value. The company?s success is driven by a notable increase in cargo volumes, reinforcing its position as India?s largest private port operator. APSEZ?s market value reached new heights, marking its dominance in the global maritime sector.

The company reported a remarkable rise in cargo volumes, handling 340 million metric tonnes in the last financial year. This represents a 9% year-on-year growth, showcasing its robust operational capabilities. The surge in cargo volumes is attributed to the diversification of cargo types, efficient logistics, and strategic investments in port infrastructure.

APSEZ operates several ports across India, including Mundra, India?s largest commercial port. The company has focused on enhancing its infrastructure, streamlining operations, and expanding its footprint in international markets. These efforts have paid off, as evidenced by the increased market value and higher cargo throughput.

The company?s strategic initiatives include developing deep-water ports, increasing automation, and improving supply chain logistics. These measures have not only boosted efficiency but also attracted more global shipping lines to its ports. APSEZ?s commitment to sustainable practices and green port initiatives has further strengthened its market position.

APSEZ?s leadership in the maritime industry is set to continue, with plans to expand its cargo handling capacity to 500 million metric tonnes by 2025. The company?s focus on innovation, sustainability, and operational excellence positions it well to maintain its competitive edge and drive future growth in the global ports sector.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..