Responding to a question on the company’s international acquisitions plan, he said South East Asia and East Africa regions are areas of interest for APSEZ.

On the impact on global trade due to tariffs imposed by US President Donald Trump, Adani said that any disruption in trade routes definitely impacts shipping lines and the movement of cargo.

“In that way, some of the transhipment points actually benefit from disruptions because shipping lines will have to re-route some of the cargoes. That is from a transhipment perspective, think from a trade perspective, we are seeing that a lot of manufacturing is moving into India and the export boxes increasing from India to the US,” he added.

Adani said some of the transshipment ports benefit from disruption and India is in a way a sweet spot this way.

Responding to a question on India-Middle East-Europe Economic Corridor (IMEC), he said, “IMEC is a great opportunity to create alternative shipping route.”

When asked whether he is happy with the financials and balance sheet of APSEZ, Adani said, “We have more cashflows than what we can utilise.”

Adani also noted that India’s trade growth has to be twice of India’s economic growth.

Asked if he sees any expansion opportunity in India, he said, “We see Vadhavan port project in Maharashtra as an opportunity as and when it happens.”

The deep-water port has been developed by APSEZ, India’s largest port developer and part of the Adani Group, under a public-private partnership model at an estimated cost of Rs 8,867 crore.

The port received its commercial commissioning certificate on December 4, 2024.

The Vizhinjam port offers large-scale automation for quick turnaround of vessels with state-of-the-art infrastructure to handle Megamax container ships.

Its capacity in Phase 1 is 1 million TEUs, with an additional 4.5 million TEUs to be added in subsequent phases.

APSEZ, a part of globally diversified Adani Group, is the largest port developer and operator in India with 7 strategically located ports and terminals on the west coast and 8 ports and terminals on the east coast.