Business

Mundra Port’s Remarkable 25-Year Journey: A ₹2.25 Trillion Contribution To National Treasury

Mundra Port, located in Gujarat, is one of the world’s largest ports with a capacity of over 260 million metric tonnes. It has completed an impressive 25 years of operation and development, contributing significantly to India’s economy. Over the past 25 years, it has contributed more than ₹2.25 lakh crore to the state and national treasuries, highlighting its pivotal role in India’s economic growth.

Mundra Port Authority

According to Mundra Port Authority, since its establishment with the launch of the MV Alpha on October 7, 1998, it has consistently demonstrated visionary leadership and seamless operations. In the financial year 2023, it handled over 155 million metric tonnes of cargo, accounting for nearly 11% of India’s maritime cargo.

India’s first port

Mundra Port has evolved from handling a mere handful of tonnes in 1998 to managing 100 million metric tonnes in 2014, becoming India’s first port to achieve this milestone. Today, it handles over 155 million metric tonnes, making it India’s largest commercial port and a major gateway for trade, including the handling of 33% of India’s container traffic through an innovative double-stack container corridor.

Unmatched multimodal connectivity

With its unmatched multimodal connectivity, Mundra Port serves the vast hinterlands of northern and interior regions efficiently. Covering 35,000 acres and equipped with modern facilities, it excels in handling coal, natural gas, and auto terminals. Its deep draft and all-weather capabilities, along with efficient cargo handling and quick turnaround times, have made it a preferred choice for leading global shipping lines.

Mundra Port leads in environmental initiatives

Mundra Port also leads in environmental initiatives, including mangrove afforestation and conservation efforts spanning nearly 6,000 hectares. Adani Group Chairman Gautam Adani plans to plant an additional 4 million trees by 2030, further emphasizing the commitment to sustainability.

Adani Foundation

The Adani Foundation has played a vital role in uplifting the lives of the communities around Mundra, impacting around 3.53 lakh people across 61 villages in Mundra and 113 villages in various parts of Kutch. Education, healthcare, and infrastructure development have been significant focus areas, contributing to the region’s transformation. This demonstrates the corporate social responsibility and commitment to business development.

Kutch

Kutch, which was once heavily dependent on agriculture, livestock, and labor, has seen a shift towards various entrepreneurial opportunities thanks to skill development programs. Educational landscapes have improved significantly, and healthcare, which was underdeveloped, now offers services through well-equipped hospitals. Improved road connectivity, a growing real estate sector, and increased purchasing power have raised the standard of living.

Corporate social responsibility

Corporate social responsibility, coupled with holistic development, has reshaped the socio-cultural fabric of the region, emphasizing women’s empowerment and infrastructure growth.

Mundra Port stands as a symbol

Mundra Port stands not just as a port but as a symbol of vision, perseverance, and dedication to India’s progress. It has set new standards and continues to lead the way on the global canvas. This journey, which began modestly, has transformed Mundra into a global gateway and a center of excellence for trade and commerce. The Adani Group’s unwavering commitment to India’s development is evident, and this journey has only just begun.

Bharat Express English

Recent Posts

Sanskriti Diwas Marks 98th Birth Anniversary Of Kashiraj Dr Vibhuti Narayan Singh

Program coordinator Chakravarti Vijay Navad announced that 11 prominent individuals received the Kashiraj Dr. Vibhuti…

25 mins ago

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

2 hours ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

2 hours ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

3 hours ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

4 hours ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

4 hours ago