Mundra Port, India’s largest industrial port by volumes, has overtaken state-run Jawaharlal Nehru Port Belief (JNPT) to turn out to be the nation’s largest container gateway by dealing with 5.65 million twenty-foot equal models (TEUs) in FY21, posting a development of 18 per cent in comparison with final yr.
JNPT dealt with 4.676 million TEUs in FY21.
Total, Mundra port dealt with 144.4 million tonnes (mt) of cargo in FY21, clocking a development of 4 per cent on a year-on-year foundation.
Mundra is the flagship port of Adani Ports and Particular Financial Zone Ltd (APSEZ), India’s largest non-public port operator.
The 12 ports/terminals run by APSEZ dealt with a mixed 247 mt of cargo in FY21, registering a development of 11 per cent on a year-on-year foundation, APSEZ stated in a press release.
Within the container phase, APSEZ dealt with 7.22 million TEUs in FY21, registering a development of 16 per cent on a year-on-year foundation. APSEZ now holds a market share of 41 per cent in containers pan India.
The west coast ports of APSEZ (Mundra and Hazira) dealt with 6.32 million TEUs in FY21. The container market share of western ports of APSEZ has elevated to 48 per cent in FY21.
In FY21, APSEZ operated greater than 5,000 rake actions throughout varied ports and the hinterland of India. Additional, APSEZ’s ports and logistics enterprise generated Rs5,900 crore as freight income for Indian Railways.