Adani operated Mundra Port, in a growth run has over taken state run JNPT (Jawaharlal Nehru Port Trust) in becoming India’s largest port in terms of handling container.
Mundra port has seen 18 per cent growth in FY21, handling 5.65 million TEUs (Twenty-foot equivalents), whereas state run JNPT handled 4.6 million TEUs in FY21, its handling capacity has declined by 7.04 per cent in FY21 over FY20.
Mundra port is flagship of SPSEZ (Adani Ports and Special Economic Zone), it has handled 144.4 (MT) million tonnes, growing 4 per cent on a year-on-year basis.
APSEZ is India’s fastest growing and the largest private port operator, which operates 12 ports across India, with a total handling capacity of 247 MT in FY21, APSEZ holds market share of 41 percent in containers in India.
In March 21, APSEZ has 41 per cent of increase in cargo volume in Year-on-Year basis, APSEZ run west coast ports Mundra and Hazira have handled 6.32 Million TEU’s of container volume in FY21. The Market share of western ports of APSEZ in container has increased to 48% in FY21.
In the FY21, APSEZ’s port operation and business has generated Rs. 45,000 crore through import duties and Rs. 23,000 crore GST collections, contributing significantly to state exchequer.