Adani Ports and Special Economic Zone (APSEZ) has announced a remarkable 14% year-on-year increase in cargo volume for September 2024, signaling strong growth in India’s logistics and maritime sector. The ports handled a total cargo volume of 28.33 million tonnes during the month, compared to 24.82 million tonnes in September 2023. This growth is attributed to the rising demand for commodities and the company’s continuous investments in enhancing operational efficiency.
Notably, the increase in cargo handling reflects APSEZ’s strategic initiatives aimed at expanding its capabilities and streamlining processes. The company has focused on augmenting its infrastructure, introducing advanced technology, and optimising logistics networks to support increasing trade volumes. The growth was particularly driven by a surge in container volumes, which increased by 10%, underscoring the robustness of India’s import and export activities.
APSEZ’s management remains optimistic about maintaining this upward trajectory, highlighting their commitment to sustainability and innovation. They aim to leverage technology to enhance service offerings and improve turnaround times, which are critical for ensuring the seamless flow of goods.
As India’s largest private port operator, Adani Ports plays a crucial role in facilitating trade and logistics, significantly contributing to the nation’s economic growth. With continued investments and a focus on operational excellence, the company is poised to capture further market share in the rapidly evolving logistics landscape.
