The silent rise of India’s private ports
- Led by Adani group, smaller, nimbler privately-run ports are cannibalizing traffic away from govt-operated ports
- The Major Port Authorities Bill, 2020, passed this February in Parliament is expected to give far greater autonomy in the operations of centrally-run ports as well as to PPP operators
MUMBAI : In August 2020, Karan Adani, chief executive officer of Adani Ports and Special Economic Zone (APSEZ) and scion to the Adani group, informed stock analysts on an earnings call that his flagship port—Mundra, in the gulf of Kutch—had become the busiest port in the country.
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