Business
July 16, 2023
3 min

Adani Ports hits record quarterly cargo volumes, jumps 11.5% in Q1 ... - India Shipping News

Adani Ports and Special Economic Zone, India's largest private port operator, achieved a record-breaking first quarter by handling over 101 million metric tons (MMT) of cargo in the financial year 2023-24. The company reported an 11.5% YoY growth in total cargo volumes, with the Container, Liquids & Gas, and Dry Bulk segments all seeing growth. Adani Ports also saw significant increases in logistics volume, including a 40% jump in GPWIS volumes. Furthermore, the company handled approximately 32.8 MMT of cargo in June 2023 alone.

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Adhikansh Gupta
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Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry