APSEZ plans significant investment in port business

Adani Ports and Special Economic Zone (APSEZ) plans to spend about Rs 30,000 crore over the next two years to expand its domestic operations, with the bulk of the investment going into the Mundra, Dhamra and Vizhinjam ports, as per reports. The company has set a cargo handling target of one billion tonnes annually by 2030, of which 850 MMT is expected from its Indian ports, and 140-150 MMT from overseas assets. The FY26 investment plan is split across ports (Rs 6,500-7,000 crore), logistics (Rs 2,300 crore), renewables (Rs 1,500 crore) and marine services (Rs 700-800 crore), according to APSEZ’s September presentation. The additional Rs 30,000 crore capex will be concentrated on berth and terminal expansion at Mundra and Dhamra, and ramping up the Vizhinjam transhipment hub, the reports said.

Please visit our youtube channel https://www.youtube.com/@ikargos2719 for fortnightly logistics news analysis and more!