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Adani Ports and Special Economic Zone RUNNING INTO BAD WEATHER
February 27, 2023
|Dalal Street Investment Journal
Even though Adani Ports and Special Economic Zone Limited has been turning out a noteworthy performance over the years, the current tsunami of negative investor sentiment against the Adani Group is likely to affect the bottom-line
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APSEZ, which stands for Adani Ports and Special Economic Zone Limited, is the foremost operator of commercial ports in India, responsible for handling nearly 25 per cent of the country’s cargo movement. With a presence across 13 domestic ports located in seven maritime states, namely, Gujarat,
Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu and Odisha, APSEZ boasts the most extensive national footprint and hinterland connectivity. APSEZ’s port facilities are outfitted with cutting-edge cargo-handling infrastructure, capable of handling even the largest vessels that call at Indian shores. The ports are equipped to manage diverse cargoes, including dry cargo, liquid cargo, crude and containers, making them truly versatile.
Adani Logistics Ltd., a subsidiary of APSEZ, oversees the operation of three logistics parks situated in Patli, Haryana, Kila-Raipur, Punjab and Kishangarh, Rajasthan. With the capacity to manage 500,000 twenty-foot equivalent units (TEUs) each year, Adani Logistics’ business has been expanding rapidly. Over time, APSEZ has transformed into a provider of comprehensive port infrastructure services with the Mundra SEZ in Gujarat serving as a noteworthy demonstration of this evolution. Encompassing more than 8,000 hectares, the Mundra Economic Hub presents opportunities for investment as the most extensive multi-product SEZ, free trade and warehousing zone (FTWZ) and domestic industrial zone.
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