Adani Ports plans to buy as much as 10 million sq ft of warehousing assets every year till 2026
November 23rd, 2021 by

India’s largest private port operator bets on e-commerce boom to raise capacity 150 times
Adani Ports and Special Economic Zone Ltd (APSEZ) is looking to buy as much as 10 million square feet (sq ft) of warehousing assets every year as India’s largest private port operator bets on the e-commerce boom to raise capacity 150 times to 60 million sq ft by 2026 from the current 8 lakh sq ft.
Adani Logistics Ltd, a unit of APSEZ, will use a mix of organic and inorganic opportunities to sail into a dominant position in the segment.


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