Mundra Export Data reveals it to be the largest container port as it outruns JNPT

Mundra Export Data reveals it to be the largest container port as it outruns JNPT

Published On: 06-May-2021

Mundra Port comes under the Adani Ports and Special Economic Zone Limited. It is also known as APSEZ's flagship port. Until 2020, JNPT was the largest port with a maximum volume of exports under APSEZ. But, recently, Mundra Port outran the JNPT Port by undertaking up to 5.65 million units of exporting commodities. According to the reports, Mundra Export data has increased by 18% compared to the previous financial year. On the other hand, the Jawaharlal Nehru Port Trust only managed the exports of 4.6 million units approximately which definitely makes a countable difference between the capacity of the two most-worthy ports of APSEZ in the context of container gateway. 

Mundra Port Export Data with Cybex. reveals that in 2021, overall 144 million tonnes of cargo made it through the port. Meaning, the port encountered a 4% growth in the mentioned section only. Moving on, now, Mundra Port has been acknowledged as the most extensive and most valuable possession of APSEZ. 

Here's a fun fact to begin with: Do you know? Since its establishment, APSEZ has introduced and successfully been operating over 12 private ports in India. Apart from that, including Mundra Export Data, in 2021, APSEZ exported cargo weighing over 250 million tonnes in total. Cybex.in also concludes that Adani's Ports and Special Economic Zone Limited has improved its growth rate by 16%. It is also crucial to note that APSEZ has no threatening competitor in the market currently and successfully, it can be called a "giant" in the industry with 41% of market share. 

According to recent reports, Adani Ports and SEZ Limited have been struggling to increase their growth for a long time. And now it has successfully reached a new height. For instance, in February 2021, The giant ended up acquiring the Dighi Port Limited for over 700 crores. Further, the authorities also ended up announcing investment plans for infrastructure redevelopment (including DPL in Maharashtra) and creating alternate container gateways to ease the export of goods. To the reader's surprise, during COVID-19 (which has caused India's entire economy to drop down to its knees), Adani Port and SEZ announced investing 10, 000 crores (in Rupees) in the reinfrastructuing of existing ports. 

In the past few years, DPL struggled to acquire business as JNPT has pipped the ports in Maharashtra for long-term. DPL is the 12th port addition to the Adani Ports group of ports. Soon, The APSEZ will announce DPL to be the alternative port for JNPT import-export gateway. 

For more information, visit www.cybex.in.