Vizag port hits record cargo, but faces rising competition

Vizag port hits record cargo, but faces rising competition

Visakhapatnam: Despite being in a jubilant mood for achieving an all-time high record cargo of 81.09 million tonnes in 2023-24, it’s no time for complacency due to stiff competition ahead from rival ports in the neighbourhood.Adani Ports Special Economic (APSEZ) has already brought Krishnapatnam and Gangavaram ports, two non-major ports developed by Andhra Pradesh Government under PPP route in its kitty. APSEZ, India’s largest private port operator has developed a container terminal at…
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Source: https://www.bizzbuzz.news/amp/national/vizag-port-hits-record-cargo-but-faces-rising-competition-1303834