Big News For Adani Investors. Group Aims Global Port Dominance With $3 BN Investment, Says Report

Big News For Adani Investors. Group Aims Global Port Dominance With $3 BN Investment, Says Report

Sakshi Batra
Sakshi Batra
  • New Delhi ,
  • May 23, 2024,
  • Updated May 23, 2024, 12:39 PM IST

 

According to reports, the Adani Group is preparing a $3-billion investment to enhance its port operations, focusing on the corridor connecting India to Europe. The conglomerate plans to boost its port handling capacity from 600 million to 800 million tonnes annually over the next two years. Reports also indicate that the group is targeting at least three major ports in coastal Europe, Africa, and Southeast Asia to expand its global footprint. The ports business is managed by Adani Ports and Special Economic Zone Ltd (APSEZ). What does this mean for investors? Watch this special presentation by Business Today TV's Sakshi Batra.

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