Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025

Company enjoys a 25% market share of India's exim cargo, wants to ramp it up to 40%

In a bid to become the preferred logistics partner, Adani Ports and Special Economic Zone (APSEZ) plans to continue expanding its port cargo along with focus on logistical services to grow the proportion of its revenue stream.

In its annual report for FY21, the company said it at present, enjoys a 25 percent market share of India’s exim cargo.

“We intend to retain this position by achieving 500 million tonne cargo throughput by 2025 and will lead to enhancing our market share of the Indian market to 40 percent,” said the company.

In FY21, APSEZ handled a cargo volume of