Business

4 Adani Ports Shine In Container Port Performance Index 2023

On 19 June, Adani Ports and Special Economic Zone Limited (APSEZ) announced that four of its ports have secured positions in the prestigious ‘Container Port Performance (CPP) Index 2023’, developed by the World Bank and S&P Global Market Intelligence.

Mundra Port led the pack, securing the 27th position, followed by Kattupalli at 57th, Hazira at 68th, and Krishnapatnam at 71st in the Top 100 list.

This achievement underscores APSEZ’s stature as a significant player in the global container port industry.

“We are proud of our team’s dedication and our consistent commitment to providing exceptional service to our customers,” stated Ashwani Gupta, CEO and Whole Time Director of APSEZ, acknowledging the accolade.

The CPP Index evaluates ports worldwide based on metrics such as productivity, efficiency, and reliability, serving as a benchmark for stakeholders in trade, logistics, and supply chain sectors globally.

Among the top 100 ports listed, 9 are from India, with 4 belonging to APSEZ, highlighting the company’s focus on operational excellence and service quality.

In a separate recognition last week, APSEZ was lauded by CDP (formerly the Carbon Disclosure Project) for its robust efforts in addressing climate change and implementing best Environmental, Social, and Governance (ESG) practices.

APSEZ received an “A-” rating from the global non-profit organization for both climate change initiatives and supplier engagement.

APSEZ operates 7 ports and terminals on India’s western coast and eight on the eastern coast, managing approximately 27% of the nation’s total port volumes.

Also Read: Indian Fast Fashion Industry To Become $50 Million By FY31: Report

Mankrit Kaur

Recent Posts

Seeing The Lord Among Devotees Is The Pinnacle Of Humility: Gautam Adani At Rath Yatra

Gautam Adani, along with his wife and Karan, participated in the Rath Yatra in Puri,…

2 hours ago

PM Modi Interacts With Group Captain Shubhanshu Shukla Aboard The ISS

PM Narendra Modi interacted with Group Captain Shubhanshu Shukla, the first Indian to reach the…

3 hours ago

Gautam Adani, Family Participate In Puri Rath Yatra; Launch Massive ‘Prasad Seva’ Initiative

Gautam Adani, along with his wife Priti Adani and son Karan Adani, joined thousands of…

3 hours ago

PM Modi, Leaders Pay Tribute To Former PM PV Narasimha Rao On Birth Anniversary

PM Narendra Modi on Saturday paid tribute to former Prime Minister PV Narasimha Rao on…

4 hours ago

Gautam Adani Hails Divine Experience At Rath Yatra; Praises Odisha’s Graceful Management

Gautam Adani conveyed profound spiritual emotions after witnessing the revered Rath Yatra of Lord Jagannath…

4 hours ago

Punjab’s Litchis Reach Middle East Markets In Boost To India’s Fruit Exports

In a step towards diversifying India’s horticultural exports, Punjab has successfully shipped its first consignment…

4 hours ago