Adani ports became the largest private port operator with over 13 ports and terminals across the coastline of the country. It has shown a 65% increase in profit within a short period of time proving its legacy in the field of the logistics business. In recent years Adani ports started attracting various global customers and thus became the great competitor of the Indian government Ports. The factors that lead to the mind-blowing growth of Adani ports include:
The government ports consume a large amount of time to plan and execute the logistic service due to the involvement of complex procedures like tenders and approvals meanwhile, Adani ports took Tech driven Integrated Logistics into their hands which makes the planning and execution way too easy, once the order has been placed the system finds the best possible route by considering the weather, tides, time consumption and various factors thus reducing the work complexity of the customers.
Dhamra port operated by Adani ports is home to Olive Ridley turtles which are an endangered species. The firm has spent 30 Crores for improving the habitat of those species.
It has been increasing the mangrove plantations across the coastline which could improve the fishery and erosion control. It has also installed an Underground Drip Irrigation system to improve the greeneries in the drought region so that it could prevent the evaporation of water.
The depth of water would significantly attract huge shipment offers since deep water could accommodate larger ship vessels. The ports handled by Adani have deep water like 18.5 meters compared to other private and government ports which only have a depth of 10 to 12 meters thus increasing the scalability of the business.
Mundra being one of the fastest-growing ports in India and the largest port operated by Adani has a distinct mode of service.
It has naturally located near the Gulf Region which is one of the major trading routes across the globe. It has enormous machinery like a fleet of powerful Tugboats which could ensure the right positioning of monstrous vessels.
Mundra port has a whooping 8.1 lakh sq feet of the warehouse for solid commodities and 400,000 kiloliters of liquid commodities storage. It is noteworthy fact that Adani Ports also operates one of the largest Special Economic Zones(SEZs) in Mundra which is a port based so it boosts the usage and shipment of commodities like crude oil, coal, ores, etc.
In logistics time factor plays a major role, the ports which are faster in action are in demand forever because any delay would decrease the profit or even cause loss for the vessel owners.
A business stat from the vessel companies shows that Adani ports could unload the goods or containers 12 hours earlier compared to other Indian ports giving rise to increasing in work efficiency and profitability of them. Adani also owns various private rail lines of length 70 km adjacent to their ports thus increasing the swift unloading of the goods.
95% of the country’s trade happens through the seaways so the ports would play a significant role in the development of the country and also attract foreign investment to a large extent. Adani port is not only a competitor to government ports but also entire logistics firms across the world.
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