Virendra Pandit
Mumbai: Mundra Port in Gujarat, the flagship port of Adani Ports and SEZ Ltd (APSEZL), has overtaken state-run Jawaharlal Nehru Port Trust (JNPT) near Navi Mumbai, to become India’s largest container gateway.
Mundra Port, India’s biggest commercial port by volumes, run by the country’s largest private port operator, handled 5.65 million TEUs (Twenty-foot Equivalent Units) in 2020-21, posting a growth of 18 percent compared to the last fiscal year.
In contrast, JNPT handled 4.676 million TEUs in FY21.
Overall, the Mundra Port handled 144.4 million metric tonnes (mt) of cargo in FY21, clocking a growth of 4 percent on a year-on-year basis.
Cumulatively, the 12 ports and terminals run by APSEZ across India handled a combined 247 mt of cargo in FY21, registering a growth of 11 percent on a year-on-year basis, APSEZ said in a statement on Tuesday.
In the container segment, APSEZ handled 7.22 million TEUs in FY21, registering a growth of 16 percent on a year-on-year basis. APSEZ now holds a market share of 41 percent in containers pan India.
The west coast ports of APSEZ (Mundra and Hazira) handled 6.32 million TEUs in FY21. The container market share of western ports of APSEZ has increased to 48 percent in FY21.
In FY21, APSEZ operated more than 5,000 rake movements across various ports and the hinterland of India. Further, APSEZ’s ports and logistics business generated Rs5,900 crore as freight revenue for Indian Railways.