Adani's Mundra Port celebrates 25 years of business
Monday, 09 October 2023, 11:25 IST
The largest seaport in India, located in the Gujarati city of Mundra, recently celebrated 25 years of operation. Gautam Adani, the billionaire Chairman of the firm, stated that a country's logistical strength lay not only in its ships and cargo but also in its capacity to weave dreams and aspirations. One of the biggest ports in the world, Mundra port has a capacity of more than 260 million tonnes. Nearly 11% of India's marine freight was handled by it in the fiscal year 2022–2023, totaling over 155 million tonnes. The port handles up to 33 percent of India's container traffic and has given the state and national exchequer more than Rs 2.25 lakh crore since it opened.
"Since berthing its first ship, MT Alpha on October 7, 1998, the port has consistently demonstrated a visionary approach, unwavering ambition and impeccable execution, positioning itself as one of the premier and technologically advanced ports on the global map", stated the business in a statement. Mundra Port has developed into a multimodal center that promotes commerce and strengthens economic advancement after emerging as a significant commercial gateway. "The EXIM gateway for container traffic is Mundra. According to the statement, a designated freight corridor that provides the special capability of double-stack containers from the northern hinterland to Mundra is where 33% of India's container traffic passes via the port.
Commenting on the occasion, Adani Group Chairman Gautam Adani said, "Mundra, for me, is much more than just a port. It is the beachhead of a horizon of possibilities for the entire Adani Group". 25 years ago, when we started the journey, we dreamt of a beacon that would represent India's march forward. The heartbeat of this commitment resonates not just in Mundra but throughout the nation and echoes in the confidence of every stakeholder who had the faith to sail on this journey with us. "As we mark our silver jubilee, Mundra stands as a testament to the wonders that can unfurl when foresight, tenacity and a united community converge. Along with our employees and partners, we did not merely construct a port we sculpted an emblem of global excellence, transforming an entire region and crafting new blueprints. Our confidence has never been higher and Mundra will continue to trailblaze, setting benchmarks on the global canvas", he said.
"Since berthing its first ship, MT Alpha on October 7, 1998, the port has consistently demonstrated a visionary approach, unwavering ambition and impeccable execution, positioning itself as one of the premier and technologically advanced ports on the global map", stated the business in a statement. Mundra Port has developed into a multimodal center that promotes commerce and strengthens economic advancement after emerging as a significant commercial gateway. "The EXIM gateway for container traffic is Mundra. According to the statement, a designated freight corridor that provides the special capability of double-stack containers from the northern hinterland to Mundra is where 33% of India's container traffic passes via the port.
Commenting on the occasion, Adani Group Chairman Gautam Adani said, "Mundra, for me, is much more than just a port. It is the beachhead of a horizon of possibilities for the entire Adani Group". 25 years ago, when we started the journey, we dreamt of a beacon that would represent India's march forward. The heartbeat of this commitment resonates not just in Mundra but throughout the nation and echoes in the confidence of every stakeholder who had the faith to sail on this journey with us. "As we mark our silver jubilee, Mundra stands as a testament to the wonders that can unfurl when foresight, tenacity and a united community converge. Along with our employees and partners, we did not merely construct a port we sculpted an emblem of global excellence, transforming an entire region and crafting new blueprints. Our confidence has never been higher and Mundra will continue to trailblaze, setting benchmarks on the global canvas", he said.