Adani Ports targets 400 MT in cargo handling

04 Jan 2024 CW Team

Adani Ports and Special Economic Zone (APSEZ) is now aiming to achieve a cargo handling capacity of 400 million tonnes (MT) at its ports by March, revising its earlier guidance range of 370-390 MT for the fiscal year. The decision is fuelled by robust growth witnessed in December and the cumulative nine months, according to CEO Karan Adani.

In the period from April to December, APSEZ successfully managed 311 MT of cargo, exhibiting a remarkable 23 per cent growth compared to the corresponding period last year. Mundra, the flagship port, handled approximately 5.5 million twenty-foot equivalent units (TEUs) during the first nine months of FY24 and is expected to exceed 7 million TEUs for the entire fiscal year.

For the quarter concluding in December, APSEZ efficiently handled around 109 MT of cargo, with approximately 106 MT managed at its local ports. December 2023 alone witnessed the handling of 35.65 MT of cargo, reflecting a substantial 42 per cent increase from December 2022. Notably, dry bulk cargo handling saw a 63 per cent surge, while container volumes rose by over 28 per cent on a year-on-year basis.

Karan Adani, CEO and Whole Time Director of APSEZ, highlighted the achievement of crossing the 300 mt cargo mark in just 266 days, surpassing the previous fiscal year's record of 329 days. He emphasised that the strategic focus on operational efficiencies is yielding impressive growth, and the company is now targeting over 400 MT of cargo volumes in FY24, surpassing the upper end of the initial guidance range.

To enhance operational capabilities, Mundra Port incorporated two RMGC cranes, contributing to faster train turnaround times. Additionally, the port has initiated the reception of double stack train services from ICD Dadri through the Western Dedicated Freight Corridor (WDFC).

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..