Mumbai, April 25, 2025 – Fitch Ratings has praised Adani Ports (APSEZ) for its acquisition of NQXT, viewing it as a strategic move to enhance the company’s global diversification. The deal is seen as a key step in APSEZ’s strategy to expand beyond India and strengthen its position in the global ports and logistics industry, opening new growth avenues in international markets.
Fitch highlighted that while the acquisition could present short-term integration challenges, the long-term benefits, such as expanded revenue streams and reduced reliance on the domestic market, are expected to outweigh the hurdles. The agency also maintained a positive outlook on APSEZ, reflecting confidence in the company’s capacity to manage its global expansion effectively.
