Adani Ports Rises After Winning Israel Port for $1.2 Billion

Its tech-driven innovations have seen the Adani Group company become the first port operator in Republic of india to log traffic of 200 MT in a fiscal yr.

When Adani Ports and Special Economic Zone Ltd (APSEZ) reached the milestone of 200-MT annual traffic late concluding month, it represented gains from the company's tech-driven innovations that have integrated conventional business processes with new-age digital technologies. A journey that began around a yr ago for fleet and fuel management, asset monitoring, digitalisation of processes, mobility, operational intelligence and functioning monitoring of applications is targetting cargo traffic of up to 400 MT by 2025, non too big an ask considering APSEZ, a part of the Gautam Adani-led Adani Group, had reached the 100-MT cargo marking only in 2013-14.

Its 10 ports and terminals—Mundra, Dahej, Kandla and Hazira in Gujarat, Dhamra in Odisha, Mormugao in Goa, Visakhapatnam in Andhra Pradesh and Kattupalli and Ennore in Chennai—account for 24% of the country's total port capacity. The company is also developing a transshipment port at Vizhinjam in Kerala. Amidst the factors behind APSEZ's phenomenal growth are proximity and connectivity to the vast north-western hinterland, state-of-the-art infrastructure, zero waiting fourth dimension and faster turn-effectually time for ships and competitive tariffs.

On APSEZ condign the kickoff port operator in India to reach the 200-MT milestone, Karan Adani, CEO, said, "Our projections were to achieve this milestone by 2020 merely nosotros could accomplish it ahead of schedule courtesy the tech-driven operational efficiency and enhanced nugget utilisation. Robust capacity addition at our leading ports such every bit Dhamra and Mundra too as deepening presence closer the hinterland with new facilities such equally Ennore and Kattupalli played a critical role in this journeying."

Says a company spokesperson, "nosotros plan to expand our portfolio of logistics services and assets and become a one-terminate solution provider. From three logistics parks operating over twenty rakes at present, we aim to take logistics parks at over 15 locations, operating 100 rakes, by FY23.'' The company also plans to operate air cargo terminals. Such capacity, clubbed with its port, warehousing and road transportation capabilities, would enable APSEZ to provide truly integrated logistics services.

"Going forward, we would be targeting evolution of capacities that cater to specific requirements of customers. Nosotros are currently developing a Container Transshipment Terminal at Vizhinjam in Kerala, and Kattupalli port in Tamil Nadu and Dhamra port in Odisha would exist attracting major investments in the near hereafter. To expand our presence on the coastline, we would exist developing a port at Bhavanapadu (Andhra Pradesh),'' the spokesperson says.

Also read: Adani Group bids aggressively for projects in logistics, mining, free energy, others to diversify portfolio

Use of technology is critical to the fulfillment of the company's aggressive agenda. A number of technology initiatives are being implemented at its ports and logistics parks: fleet and fuel direction systems, a next-age "Smart(e)Flick" Port Customs System connecting all internal and external stakeholders, analytics solutions for information driven decision-making, and use of IoT for cargo/nugget tracking solutions.

For end-to-end logistics, a command and control centre and an integrated technology platform are beingness given shape. "Our goal is to digitise the logistics value chain to the extent that customers and other stakeholders non only get to view cargo movement and transactions on their screens, but can control the same,'' the spokesperson says.

Source: https://www.financialexpress.com/infrastructure/adani-ports-sez-tech-driven-innovations-lead-the-way/1554999/

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