Adani Ports to handle 400 MTPA of cargo in FY 2024

Adani Ports and Special Economic Zone Ltd. is poised to exceed the handling of 400 million tonnes per annum (MTPA) of cargo in the fiscal year 2024, in line with its ambitious target of reaching 500 MTPA by 2025, as revealed by Adani Ports Chief Executive Officer, Subrata Tripathi during Global Maritime Summit. He Affirmed that the company has already achieved a remarkable 200 MTPA during the first and second quarters of fiscal year 2024. Furthermore, he expressed confidence in the company’s capability to reach the 400 MTPA milestone in FY24, aligning seamlessly with the overarching goal of attaining 500 MTPA by 2025. In the previous year, Adani Ports handled 350 MTPA of cargo, leveraging its substantial capacity of nearly 600 MTPA, says reports. Tripathi emphasized that, given Adani Ports’ role in routing 25% of cargo in India, there is a strong belief that the target can be attained without significant hindrances.