• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Adani Ports Clocks 7 Pc Cargo Handling Growth At 450 MMT In FY25, Aims At Global Expansion

OMMCOM NEWS by OMMCOM NEWS
April 2, 2025
in Business
Adani Ports

Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ) handled 450 million metric tonnes (MMT) of cargo in FY 2024-25, marking a 7 per cent year-on-year growth, it was announced on Wednesday.

Mundra, APSEZ’s flagship port, achieved a historic feat by surpassing the 200 MMT cargo mark in a single fiscal, a first for any Indian port.

The country’s largest port operator handled 420 MMT of cargo in the financial year 2023-24, surpassing the government’s 410 MMT volume. This milestone was accompanied by a record 24 per cent revenue surge, a 50 per cent jump in net profits, and a 24 per cent increase in cargo movement.

Karan Adani, Managing Director of APSEZ, is steering the company toward global dominance, aiming to become the world’s largest port operator by 2030, achieve carbon neutrality by 2025, and attain net-zero emissions by 2040.

“Aspiration is a promise we make to ourselves. Under our Chairman Gautam Adani’s leadership, we will continue to aim for the stars – and achieve them,” said Karan Adani.

APSEZ’s vision aligns with India’s broader economic goals. The government targets $1 trillion in merchandise exports by 2030 while aiming to cut logistics costs from 14 per cent to 8 per cent of GDP.

Karan Adani emphasised APSEZ’s commitment to these national objectives, vowing to expand global trade connectivity and strengthen infrastructure.

Despite challenges such as global trade disruptions in the Red Sea, the Panama Canal crisis, geopolitical conflicts, and extreme weather events, APSEZ remains resilient.

Its growth strategy focuses on infrastructure enhancement, cutting-edge technology adoption, operational excellence, and handling a diverse range of cargo efficiently.

Currently managing 27 per cent of India’s cargo volumes, APSEZ has developed or acquired 14 ports and terminals since 1998.

The company also operates international ports in Haifa (Israel), Abbot Point (Australia), Colombo (Sri Lanka), and Dar es Salaam (Tanzania), reinforcing its growing global footprint.

Adani Ports is India’s largest port operator and aims to grow at twice the rate of the country’s cargo volume.

(IANS)

Tags: Adani PortsAhmedabadFY25
ShareTweetSendSharePinShareSend
Previous Post

Congress Will Amend The Waqf Law In 2029 If It Is Passed: Rashid Alvi

Next Post

Govt Spent Rs 51.46 Crore For Drug Deaddiction Campaign From FY 2020-25

Related Posts

Business

US Tariffs: This Is How Indian Textile And Apparel Industry Can Offset Losses

August 29, 2025
Business

Equity Mutual Funds Witness Sharp Rise In India As Investors Eye Wealth Creation

August 29, 2025
Business

Centre Names Former RBI Governor Urjit Patel As IMF Executive Director For 3 Years

August 29, 2025
RBI Governor Sanjay Malhotra
Business

RBI To Be Agile And Proactive In Liquidity Management Amid Global Uncertainties: Governor

August 29, 2025
Business

Dream Sports-Owned FanCode To Shut Sports Merchandise Business By October

August 28, 2025
cotton
Business

India’s Textile Sector Gets Booster Shot With Import Duty Exemption On Cotton

August 28, 2025
Next Post
Nasha Mukt Bharat Abhiyaan

Govt Spent Rs 51.46 Crore For Drug Deaddiction Campaign From FY 2020-25

Ajay Devgn

Sanjay Dutt To Kareena Kapoor: B-Town Pours Birthday Wishes For Ajay Devgn

Poonam Gupta

Poonam Gupta Appointed RBI Deputy Governor

khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.