Mundra becomes India’s leading container port, boosting Adani’s results

Adani Ports and Special Economic Zone (APSEZ) consolidated its presence in the Indian container port market during the 2021 fiscal year, raising its market share to 41% as its flagship hub in Mundra became India’s leading container port.

Mundra Port in the state of Gujarat handled 5.66m teu, placing it almost 1m teu ahead of Jawaharlal Nehru Port Trust (JNPT), which has long been established as the premier container hub in the country.

Across its Indian portfolio, the operator handled 7.2m teu, increasing its market share by 5%, while it drove double digit increases in port revenue and port EBITDA.