Adani Ports aims to increase cargo volume to 1 billion tons by 2030

Adani Ports aims to increase cargo volume to 1 billion tons by 2030
Share it now

APSEZ, with a market capitalization of ₹1.57 trillion, plans to gradually expand its port interests beyond India, according to Karan Adani. However, he emphasized that investments outside of India would primarily focus on operational ports and have limited equity exposure.

Adani highlighted that the port business remains a strong pillar for APSEZ. With a port EBITDA margin of 70%, APSEZ is one of the most profitable port operators globally. The company aims to become not only the most profitable port company worldwide but also India’s largest transport company with a capacity of 1 billion tons by 2030. The annual cargo volume is expected to reach 1.5 billion euros.

In another announcement made by Gautam Adani, the acquisition of the Port of Haifa in Israel will provide the Adani Group with an opportunity to connect its ports across the Indian Ocean and the Mediterranean. This strategic position will enable the group to take advantage of the growth in both India and the wider region.

APSEZ’s expansion plans beyond India reflect its ambition to establish a more extensive presence in the international port industry. With its strong financial performance and profitable operations, APSEZ aims to become a global leader in the sector. The acquisition of the Port of Haifa further strengthens the Adani Group’s strategic position, enhancing its ability to capitalize on the growth opportunities presented by emerging markets.


Source .


Share it now