Mundra & Pipavav ports are deemed as the cheapest hinterland-connected ports as per Girish Aggarwal.
APM Terminals, with a 4% market share in India's container business, operates Pipavav port and a container terminal in a joint venture at Nhava Sheva.
Vadhvan port in Maharashtra under construction will have a container handling capacity of 24.5 million TEUs, with Phase-1 to be commissioned by 2029.
Pipavav port's future cargo volumes are expected to increase with the proposed expressway connecting Deesa to Pipavav, with rail remaining the primary mode for cargo movement.