With a cargo handling target of one billion tonnes, Adani Ports is looking for global assets

Adani Ports Targets Handling a Billion Tonnes of Cargo, Expanding Globally

Adani Ports and Special Economic Zone Ltd (APSEZ) aims to handle a billion tonnes of cargo in the coming years, prompting plans for aggressive global expansion. APSEZ currently operates 15 ports/terminals in India with a capacity of 627 million tonnes annually, recording significant growth in domestic cargo volume. The company eyes sustainable international growth in strategic locations.

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The MSC unit will receive a security commitment to purchase 49 percent stake in Adani's boxing terminal at Kamarajar Port

MSC Unit’s Strategic Investment in Adani’s Boxing Terminal at Kamarajar Port

Terminal Investment Ltd acquired a 49% stake in Adani Ennore Container Terminal Pvt Ltd from APSEZ for Rs 247 crore, with an enterprise value of Rs 1,211 Crore. The deal received security clearance from the Union government. This strengthens the partnership between APSEZ and MSC, who jointly operate the Adani International Container Terminal at Mundra Port.

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