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Adani Ports and Special Economic Zone (APSEZ) has set a target to achieve one billion tonnes of cargo handling capacity by 2030, said Chairman of the Adani Group, Gautam Adani, as the company crossed a milestone of 500 million tonnes of cargo.
Addressing an event in Ahmedabad on Friday to celebrate the milestone, Gautam Adani highlighted the rapid growth trajectory of the company and outlined its ambitious future plans. "Keep in mind that it took us 16 years to get to our first 100 million tonnes. The second 100 million came in five years. The third in just three years. And the fourth and fifth 100 million tonnes were added in only two years each. What this shows is that, once vision and execution begin to align, momentum starts to compound. That compounding is now defining our journey - a journey where we are firmly on track to reach a staggering one billion tonnes by 2030," he said. According to him, this increasing pace reflects how strong execution and clear vision have driven the company's expansion. He also noted that logistics operations and marine services are expected to grow even faster, expanding fivefold over the same period. "Our logistics operations and marine services will grow even faster... this is ambition at an extraordinary scale," he said. Reflecting on the milestone, Adani described it as more than just a numerical achievement. "Achievements of this scale are never just about numbers. They are about legacy. Numbers measure performance. Legacy measures something deeper," he said. He added that the milestone represents the collective effort of the people working within the organisation. "Somewhere on the journey to 500 million tonnes, this milestone stopped being about any one individual. It became a tribute to all of you - the men and women of APSEZ," he said. Recalling the early days of the company, Adani shared how the journey began with limited infrastructure and high uncertainty. He said he remembered travelling overnight from Ahmedabad to Mundra Port in Gujarat in the 1990s when there were no proper roads. "There were really no roads to Mundra in the 1990s... it looked less like the future of ports and Indian logistics and more like a giant marshland," he said. Youthful optimism, he said, played a key role in taking risks and building the foundation of what has now become a major logistics and port infrastructure company. "And yet, perhaps that was our greatest advantage... at that age, you do not fully understand the meaning of failure, and sometimes that gives you the courage to attempt what others would dismiss as impossible," Adani said. The milestone of 500 million tonnes marks a significant step in APSEZ's growth journey, with the company now aiming to further expand its capabilities and strengthen India's logistics infrastructure in the coming years. (ANI)
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