Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday said four of its ports have been featured in the prestigious 'Container Port Performance (CPP) Index 2023', developed by the World Bank and S&P Global Market Intelligence.
While Mundra port was ranked 27th, Kattupalli came in at number 57th, Hazira at 68th, and Krishnapatnam at 71th in the Top 100 list.
"It reaffirms our position as a key player in the global container port industry. This accomplishment is a testament to the hard work and dedication of our team as well as our ongoing commitment to deliver exceptional service to our customers," said Ashwani Gupta, CEO and Whole Time Director of APSEZ.
The global index is a highly-regarded benchmark that assesses the performance of ports on parameters such as productivity, efficiency and reliability. It serves as a reference point for key stakeholders, including national governments, port authorities, development agencies, supra-national organisations and private operators, of trade, logistics and supply chain services.
Nine ports from India made it to the top 100 list, including four from the Adani portfolio, underscoring the APSEZ’s commitment to operational efficiency and world-class service standards.
Last week, Adani Ports was recognised by CDP (formerly the Carbon Disclosure Project) for its exceptional efforts in tackling climate change and implementing best Environmental, Social and Governance (ESG) practices across its supply chain through a robust engagement programme. The global non-profit organisation assigned APSEZ a leadership band "A-" in both climate change and supplier engagement.
Adani Ports has seven strategically located ports and terminals on the western coast and eight ports and terminals on the eastern coast, representing 27 per cent of the country's total port volumes.
HM Shah stresses on mapping of demographic data of people along India-Myanmar border
Union Home Minister Amit Shah on Saturday said that the demographic data of people along the India-Myanmar border, especially in Nagaland, Mizoram and Manipur, should be mapped so that it can help in fencing of the border and infiltration can be stopped.
Drugs worth Rs 78 crore seized in Tripura, one held
In a major haul, the Assam Rifles in coordination with the other law enforcing agencies on Saturday seized 3.9 lakh methamphetamine tablets valued at around Rs 78 crore and arrested a drug peddler in Tripura, officials said on Saturday.
Manipur: Arms and ammunition recovered; two held with drugs
Manipur Police and other security forces recovered some arms and ammunition from different fringe and vulnerable areas and arrested two persons with drugs on Saturday, officials said.
New Maha Cabinet: Fadnavis keeps Home, Shinde gets Urban Development, Ajit Pawar in charge of Finance
Finally, the wait is over. Governor CP Radhakrishnan on Saturday approved the portfolio allocation to the ministers as recommended by Maharashtra Chief Minister Devendra Fadnavis. The list was released after the conclusion of a weeklong winter session.
Explained: Key recommendations of 55th GST Council meet
From reducing GST rate on fortified rice kernel (FRK) to fully exempt GST on gene therapy, the 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman, on Saturday made some key recommendations to provide relief to individuals and businesses.
India a natural trade and commerce partner of Kuwait: PM Modi
India has been a natural trading partner of Kuwait and continues to be so in contemporary times and people-to-people linkages over centuries have fostered a special bond of friendship between the two countries, Prime Minister Narendra Modi said on Saturday.
Sri Sri Ravi Shankar brings peace through meditation to UN headquarters consumed by global turmoil
Eighteen minutes of tranquility descended on the world organisation’s headquarters consumed by global turmoil as Sri Sri Ravi Shankar led a meditation session as a path to peace at the United Nations.
NE not just strategically important but also an epitome of nation's diversity, culture: Minister
Union Minister of State for DoNER Sukanta Majumdar on Friday underscored the strategic importance of the northeastern region and said that the region is not just a geographically significant part of the country but it is also an epitome of the nation's diversity, culture, and strategic importance.