Mundra Port, a non-government marine terminal on India’s west coast, handled a record 100 million tons of cargo in fiscal year 2013-14, from April 2013 through March 2014, surpassing all 12 major state-owned ports to become the country’s biggest cargo hub.
The all-time high throughput was up 22 percent from 82 million tons in fiscal year 2012-13.
“This is the fastest growth in port sector our country has witnessed and one of the best by global standards,” port developer Adani Ports and Special Economic Zone said in a written statement. “The port today possesses capacity to handle over 200 million tons of cargo.”
“This is a significant milestone for APSEZ’s journey. This coupled with our customers’ trust in our capabilities will help us in achieving our vision of handling 200 million tons of cargo much ahead of our original timeline of 2020,” group chairman Gautam Adani said. “The rapid pace of development is what helped Mundra Port to gallop to 100 million tons in just 12 years.”
In recent years, Mundra has emerged as a major gateway for India’s vast northern hinterland region, comprising New Delhi, Rajasthan and Ludhiana, given its dedicated road and rail infrastructure. The port has three container facilities — DP World-managed Mundra International Container Terminal, port-run Adani Mundra Container Terminal and Adani International Container Terminal, a joint venture between Adani Group and ocean carrier Mediterranean Shipping Co. — with a combined capacity of about 4 million 20-foot-equivalent units a year.
The Journal of Commerce
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