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).

Infrastructure Transport

13 Oct 2025

Tata, Airbus to Build India’s First Private Helicopter Line

In a landmark development for India’s aerospace sector, Tata Advanced Systems Limited (TASL) and Airbus will establish the country’s first private-sector helicopter assembly line in Vemagal, Karnataka. The facility will manufacture the Airbus H125 and H125M, marking a significant milestone in India’s push for self-reliance in aviation and defence manufacturing. The new Final Assembly Line (FAL) will produce the H125, the world’s best-selling single-engine helicopter, known for its versatility and performance in extreme environments. The first ‘Made in India’ H125 is expected to ro..

NeGD to Support Bharat Taxi in Building Cooperative Ride Platform

In a significant move for India’s digital and mobility transformation, the National e-Governance Division (NeGD) of the Digital India Corporation, under the Ministry of Electronics and Information Technology (MeitY), has entered into an advisory partnership with Sahakar Taxi Cooperative Limited, the company behind Bharat Taxi — a first-of-its-kind, cooperative-led national ride-hailing platform. A Memorandum of Understanding (MoU) has been signed between NeGD and Sahakar Taxi to provide strategic advisory and technical support covering key areas such as platform integration, cybersecurity..

MeitY Hosts Pre-Summit for India–AI Impact Summit 2026

The Ministry of Electronics and Information Technology (MeitY), Government of India, hosted a series of Pre-Summit events for the upcoming India–AI Impact Summit 2026 at the India Mobile Congress (IMC) 2025 in New Delhi. These sessions mark a key milestone ahead of the main summit, scheduled for 19–20 February 2026 at Bharat Mandapam, New Delhi. Delivering the inaugural address, S. Krishnan, Secretary, MeitY, highlighted India’s innovative and frugal approach to AI development. “We have adopted innovative means by learning from others’ experiences to build projects and products that..