Adani Ports aims 40% market share by 2025

28 June 2021, 12:07 pm

Adani Ports and Special Economic Zone (APSEZ) plans to expand its cargo operations and increase its market share to 40 per cent by 2025.

With 247 million tonne of cargo throughput in 2020-21, the company enjoys a 25 per cent market share of India’s exim cargo.

We intend to enhance our country coverage beyond 90 per cent, increasing market share from an existing 25 per cent at the close of 2020-21 to a projected 40 per cent by 2025, said Adani Ports’ CEO Karan Adani in his message to the shareholders in the company’s annual report.

The company has also revised its port cargo throughput by 25 per cent to 500 million tonne by 2025.

At APSEZ, we see exciting possibilities ahead. We have upwardly revised our port cargo throughput target by 25 per cent (100 MMT) to 500 MMT by 2025, he said.

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