Adani Ports and Special Economic Zone (APSEZ) has handled cargo volume of 28.64 MMT in April 2022 as against 24.46 MMT in April 2021, implying a year on year (y-o-y) growth of 17%. The coal volumes bounced back and registered a 23% y-o-y growth. The agriculture cargo and fertilizer handling at company’s ports has seen a 350% increase y-o-y.
Overall, April is the second consecutive month, with cargo volumes crossing a record level of 28 MMT. China’s decision to cap its steel production has provided a boost to India’s steel industry, which is reflected in a 35% y-o-y jump in coking coal volume at company’s ports.
Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.
