Ahmedabad, April 1: Adani Ports and Special Economic Zone Limited (APSEZ) announced on Wednesday that it has crossed a historic milestone of handling 500 million tons of cargo.
Founded in 1998 with a vision for port development, the company has expanded to a network of 19 ports and terminals both in India and abroad. APSEZ plays a crucial role in enhancing India’s trade, industrial growth, and global competitiveness.
Gautam Adani, Chairman of the Adani Group, expressed gratitude to customers, partners, and every member of the APSEZ family, stating, “Ports are not just gateways for trade; they are also doors to a nation’s confidence, competitiveness, and future.” He also acknowledged the central and state governments for their commitment to policies and infrastructure that have laid a strong foundation for APSEZ.
This achievement marks a significant milestone in the company’s growth and reflects the strength of infrastructure-based development in India. It is not merely a number but a testament to the creation of a robust and modern logistics platform.
Adani highlighted that surpassing the 500 million ton mark demonstrates the company’s long-standing commitment to India’s development journey. He noted that APSEZ has built not only ports but also a strong logistics system integrated with rail, road, trucking, warehousing, and cargo networks.
The journey to reach 500 million tons has been remarkable. The company took 16 years to reach the first 100 million tons, but subsequent milestones of every 100 million tons were achieved at an accelerated pace, showcasing the company’s growing capacity and efficiency.
With this achievement, APSEZ is rapidly moving towards its next ambitious target of handling 1 billion tons of cargo by 2030. The company currently operates 15 major ports and terminals along India’s western, southern, and eastern coasts, along with a marine fleet of 127 vessels, 12 multi-modal logistics parks, 3.1 million square feet of warehousing, and a network of over 25,000 trucks.
APSEZ aims to contribute significantly to India’s economic progress by providing world-class infrastructure and services in the future.