Adani Ports and Special Economic Zone Ltd.

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Adani Ports handles highest ever rail cargo of 120.51 MMT in FY23

Date: 17-05-2023

Adani Ports and Special Economic Zone (APSEZ) has set a new benchmark by handling the highest-ever rail cargo of 120.51 MMT in the financial year 2022-23, surpassing the previous best of 98.61 MMT.

APSEZ is committed to providing end-to-end logistics. Under the General Purpose Wagon Investment Scheme (GPWIS) of Indian Railways, cargo handled by rail has grown by 62% year-on-year (YoY). Mundra Port handled over 15,000 container trains in FY23, cementing its position as India's EXIM gateway. In FY23, APSEZ generated around Rs 14,000 crore in revenue from rail cargo for Indian Railways.

In FY23, double-stack container trains handled by Mundra Port grew by 4.3% YoY. Double stack loading of containers on trains ensures transportation in an energy efficient and reliable manner, reducing overall per unit cost and improving customer satisfaction.

Adani Ports and Special Economic Zone, a part of globally diversified Adani Group, is the largest integrated logistics player in India.