On June 19, 2024, Adani Ports and Special Economic Zone Limited (APSEZ), India’s largest port developer and operator, showcased its global excellence again. Four of its ports were highlighted in the respected Container Port Performance (CPP) Index 2023. Mundra Port led the group at 27th place, followed by Kattupalli at 57th, Hazira at 68th, and Krishnapatnam at 71st.
This recognition underscores APSEZ’s dedication to efficient operations and top-tier service standards. Overall, India has nine ports featured in the top 100 list, four of which are Adani ports.
The Container Port Performance Index, created by the World Bank and S&P Global Market Intelligence, is a respected measure that evaluates port performance based on productivity, efficiency, and reliability. It’s widely used by governments, port authorities, development agencies, international organisations, and private companies involved in trade, logistics, and supply chains.
Commenting on the achievement, Ashwani Gupta, Chief Executive Officer & Whole Time Director of APSEZ, said, “We are honoured to have four of our ports recognised in the World Bank’s Container Port Performance Index 2023. It reaffirms our position as a key global container port industry player. This accomplishment is a testament to our team’s hard work, dedication, and ongoing commitment to deliver exceptional service to our customers.”
Adani Ports and Special Economic Zone has consistently invested in advanced infrastructure, technology, and operational methods to improve the productivity of its ports. The company has maintained a solid competitive advantage in the global maritime industry by focusing on innovation and customer-focused solutions.
As APSEZ expands its presence on major international trade routes, this recognition validates its efforts to set new standards of excellence in port operations. This achievement showcases the growth of APSEZ’s ports and emphasises their combined contribution to India’s infrastructure and the country’s growing role in global trade.
Adani Ports and Special Economic Zone Ltd (APSEZ), a globally diversified Adani Group division, has transformed from a port-centric company into an integrated transport utility offering comprehensive solutions for everything from port gates to customer gates.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: Jun 20, 2024, 4:37 PM IST
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