Mundra Port

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Overview:

Mundra Port, the flagship facility of Adani Ports and Special Economic Zone, recently completed 25 years of operations.

About Mundra Port

  • It is the largest private port and the largest container port in India.
  • Location: It is located on the north shores of the Gulf of Kutch, near Mundra, Kutch district, Gujarat.
  • It is a deep-draft, all-weather port.
  • It is also a special economic zone (SEZ).
  • As much as 33 per cent of India's container traffic flows through the port.
  • Ownership: It is run by Adani Ports and Special Economic Zone Limited (APSEZ), which is India’s largest commercial ports operator and accounts for nearly one-fourth of the country’s cargo movement.

Handling Capacity:

  • With a capacity of 260 MMT, the port handles over 155 MMT (FY 2022-23), which constitutes nearly 11% of India’s maritime cargo.
  • The port has 26 berths and two single-point moorings, which allow it to accommodate a wide range of vessels.
  • The port handles a wide variety of cargo, including containers, dry bulk, break bulk, liquid cargo, and automobiles.
  • It also has the country’s largest coal import terminal, which facilitates faster cargo evacuation with minimal turnaround time.
  • Mundra Port’s rail is connected to the national rail network, and cargo can be handled for any location in India. 

Q1: What is a special economic zone (SEZ)?

A special economic zone (SEZ) is an area in a country that is designed to generate positive economic growth. An SEZ is normally subject to different and more favorable economic regulations compared to other regions in the same country, including tax incentives and the opportunity to pay lower tariffs. SEZ economic regulations tend to be conducive to—and attract—foreign direct investment (FDI). 

Source: Adani Ports' Flagship Mundra Port Completes 25 Years