Port of Mundra full fiscal year container throughput rises 33pc

INDIA's Port of Mundra, some 500 miles north of Mumbai, experienced a quarterly net profit increase of 50 per cent year on year to INR6.44 billion (US$144.42 million) with fiscal year earnings up 36 per cent on an annual throughput of 52 million tons of cargo.


The largest private port operator in India now controls a market share of 8.4 per cent, up 1.70 per cent alongside container growth of 33 per cent year on year at 1.23 million TEU.


"With Mundra Port's world class infrastructure, best operational practices, proactive and customer friendly management we are aiming at handling 200 million tons of cargo by 2020," said Mundra Port and Special Economic Zone (MPSEZ) chairman Gautam Adani, cited a report from India Infoline News Service.
(Source:http://www.schednet.com)