Business Update4 Dec 2023, 02:17 pm
Adani Ports and Special Economic Zone Ltd. (APSEZ) Records 42% YoY Growth in Nov'23 Cargo Volumes
AI Summary
APSEZ has recorded robust cargo volumes of 36 MMT in Nov '23, a 42% year-on-year growth. The company's joint venture terminal at Mundra, AICTPL, has handled over 3,00,000 containers in a month, creating a national record. The company's ability to handle growing cargo volumes highlights its crucial position in facilitating trade and contributing to India's economic growth.,
Key Highlights
- 42% YoY growth in cargo volumes
- First terminal in India to handle over 3,00,000 containers in a month
- Record cargo volumes of 36 MMT in Nov '23
- Robust growth across all three broad cargo categories