City
Epaper

APSEZ cargo volume up 41 pc in March to 26 MMT

By ANI | Updated: April 6, 2021 12:15 IST

Adani Ports and Special Economic Zone (APSEZ) said on Tuesday it handled cargo volume of 26 million metric tonnes (MMT) in March, marking a growth of 41 per cent on year-on-year basis and 23 per cent on month-on-month basis.

Open in App

Ad Ports and Special Economic Zone (APSEZ) said on Tuesday it handled cargo volume of 26 million metric tonnes (MMT) in March, marking a growth of 41 per cent on year-on-year basis and 23 per cent on month-on-month basis.

In Q4 FY21, it handled cargo volume of 73 MMT, registering a growth of 27 per cent y-o-y. APSEZ handled cargo volume of 247 MMT in FY21, clocking a growth of 11 per cent y-o-y.

In the container segment, APSEZ handled 7.22 million TEUs (twenty-foot equivalents) in FY21, registering a growth of 16 per cent y-o-y. The market share of APSEZ in container increased to 41 per cent of all India container volume in FY21.

The west coast ports of APSEZ (Mundra and Hazira) handled 6.32 million TEUs of container volume in FY21. The market share of western ports of APSEZ in container increased to 48 in FY21.

Mundra port ended the year with a record cargo volume of 144. 4 MMT, a growth of 4 per cent y-o-y and continues to be the largest port of the country. The gap between first largest port that is Mundra and second largest port that is Kandla is now more than 24 per cent (28 MMT).

Mundra port handled container volume of 5.65 million TEUs, a growth of 18 per cent y-o-y. This is against 4.7 million TEUs handled by JNPT, the second largest container port in India.

In FY21, APSEZ operated more than 5,000 rake movements across various ports and hinterland of India. Further, its ports and logistics business generated Rs 5,900 crore as freight revenue for Indian Railways.

During FY21, Ad Ports business contributed significantly to Indian exchequer by way of import duties of Rs 45,000 crore and GST collections of Rs 2,300 crore.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Adani Ports & SEZJnptMundraKandla
Open in App

Related Stories

Navi MumbaiNavi Mumbai Traffic Update: Heavy Vehicles Banned on Key Routes Ahead of VVIP Visit on April 9; Check Details

NationalKundevahal Tunnel Breakthrough Speeds Up Vaitarna-JNPT Freight Corridor Project

Navi MumbaiNavi Mumbai: Nhava Sheva Traffic Division Launches Campaign to Curb Accidents; Rs 25.50 Lakh Collected in Fines

Navi MumbaiNavi Mumbai: NMMT Restarts Bus Services to Uran City After Nine-Month Hiatus with Limited Frequency

Navi MumbaiNavi Mumbai: NMMT Resumes Bus Services to Uran with Two New Routes; Check Details Here

Business Realted Stories

BusinessStar Estate Surpasses Rs. 7,000 Cr in Sales, Eyes Rs. 10,000 Cr Milestone Next

BusinessTAC InfoSec Limited Record 160% Revenue Growth and Profit Surge 135% in FY 24-25

BusinessHostzop Launches Next-Generation Cloud Platform to Empower Indian Businesses

BusinessLaunch new ventures and innovations simpler and faster with unique venture studio models and maker communities

BusinessAmity University Mumbai, Amity School of Fashion Technology (ASFT), Showcases 'SWARA - The Melody of Threads' at Bombay Times Fashion Week 2025