Business

Adani Ports Expands Beyond Ports to Master the Entire Logistics Chain, Says Karan Adani

Transforming into a Comprehensive Transport Utility

The Adani Group's flagship, Adani Ports & SEZ, is undergoing a significant transformation under the leadership of managing director Karan Adani. The company is expanding its focus beyond traditional port operations to encompass every aspect of the logistics chain, including rail, warehousing, trucking, and marine services.

Focus is on logistics chain, not just ports: Karan Adani

A Vision for the Future

"Our goal is to evolve into a transport utility that can forecast cargo flows not just for the next five years, but for the next 10, 15, or even 20 years," Karan Adani shared. Despite this ambitious expansion, the company has no immediate plans to change its name to reflect the broader business profile.

Revenue and Growth Strategies

While ports remain the core of Adani Ports' business, Karan anticipates that logistics could potentially surpass ports in revenue within the next decade. The company's growth strategy includes both organic expansion and strategic acquisitions, such as the recent purchase of Ocean Sparkle to enhance its marine services.

Leadership and Financial Performance

Karan Adani, who started his career at Mundra port, became managing director in January 2024. Under his leadership, the company reported a profit of Rs 11,061 crore on Rs 30,475 crore revenue in FY25, marking significant growth from the previous year.