Tag: Adani Ports

Adani Ports' recent acquisition of Karaikal Port Pvt Ltd for Rs 1485 crore is set to boost India's maritime industry. With a cargo handling capacity of 21.5 MMT and a strategic location near Tamil Nadu's industrial area and CPCL refinery, Karaikal Port is a valuable asset for Adani Ports. The company plans to double the port's capacity and add a container terminal, making it a multipurpose facility. This investment will also reduce logistics costs for customers and make Adani Ports' services more affordable and accessible.