AHMEDABAD : Competition between government/landlord ports and Adani Ports and Special Economic Zone (APSEZ) in India is heating up, with the latter making rapid inroads into the emerging market.
Adani Group’s flagship Mundra Port boosted its market share of Indian containerised trade to 34% last fiscal year (2023-24), from 31% year-over-year.
Mundra competes with Nhava Sheva Port for north-western cargo, which makes up the bulk of Indian box volumes.
To amplify the growth pace for Adani, Mundra has seen . . .
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