+
Adani Ports Leads Global Peers with Market Value Surge
PORTS & SHIPPING

Adani Ports Leads Global Peers with Market Value Surge

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.

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.

Next Story
Infrastructure Urban

APCRDA Approves Rs 9.04 Bn to Upgrade Infrastructure in 29 Amaravati Villages

The Andhra Pradesh Capital Region Development Authority (APCRDA), chaired by Chief Minister N Chandrababu Naidu, has approved Rs 9.04 billion for addressing key infrastructure gaps in 29 villages within Amaravati’s greenfield capital area, announced Municipal Administration Minister P. Narayana at the 51st CRDA meeting.The funds will be used to upgrade critical facilities including roads, drains, drinking water supply, sewerage systems, and street lighting. A detailed assessment revealed a 30 per cent shortfall in water supply, a total absence of sewerage infrastructure, a 40 per cent defici..

Next Story
Infrastructure Transport

Cabinet Approves Phase-1B of Lucknow Metro Rail Project Worth Rs 58.01 Bn

The Union Cabinet, led by Prime Minister Narendra Modi, has approved Phase-1B of the Lucknow Metro Rail Project in Uttar Pradesh. This phase covers an 11.165 km corridor with 12 stations—7 underground and 5 elevated—extending the city’s metro network to 34 km upon completion.Phase-1B targets the dense, historic parts of Lucknow, enhancing connectivity across key commercial, healthcare, tourist, and culinary hubs. Important areas served include Aminabad, Yahiyaganj, Pandeyganj, Chowk, King George’s Medical University, and landmarks like Bara Imambara and Rumi Darwaza.This expansion prom..

Next Story
Infrastructure Transport

Major Upgrades Planned for Tamil Nadu’s National Waterways

Tamil Nadu is poised for significant infrastructure upgrades across its National Waterways (NWs), with a focus on developing jetties, cargo hubs, and cruise tourism circuits, according to the Ministry of Ports, Shipping and Waterways. These projects aim to promote sustainable inland water transport and boost regional economic activity.Key projects include the development of Buckingham Canal (part of NW-4), with jetties planned at the following locations:Mahabalipuram to Ediyur BridgeCooum River near Marina BeachPulicat LakeEnnore Port to ETPS, specifically for cargo operationsOther National Wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?