Adani upbeat on its India ports biz, expects volumes to double in 5 years

The ports business has been seeing exponential growth in the past few years, and Adani expects the trajectory to continue. "Currently, the split between our ports and logistics segment is 70:30, and we expect the same to continue because while our logistics segment is growing, so is our ports segment, and that too at a much faster pace," he said. Revenue from the ports segment grew to Rs 20,972 crore in FY24, from Rs 17,304 crore in the previous year. On the other hand, revenue from the logistics segment grew to Rs 2,079 crore from Rs 1,744 crore in the same period.