How much will Trump Tariff affect Indian cargo volume? Adani Ports said- very little

The whole world is currently passing through Trump Tariff, but the policy of Trump will get a very limited impact on Adani Ports and Special Economic Zone Ltd., a company of Adani Group. This has been said by the officials of the company.

This week during the HSBC Global Investment Summit, the management told analysts that the part of American cargo for Indian trade is very small, hence Tariff The effect will also be reduced.

Trump decided to impose 25% tariff on auto import

President Trump has signed an order to impose 25% tariff on auto import, which will be applicable from April 2. A widespread announcement of the reciperook tariff on 2 April is expected. This decision of America is a step towards reducing trade deficit. However, according to a report by Bloomberg, Trump has indicated that some business partners may get tariff discounts or cuts.

Extension of logistics business

Adani Ports also wants to become an integrated logistics services provider and will operate some small M&A in both upstream and downstream for its logistics business.

Adaani Group’s company expects capes worth Rs 45,000-50,000 crore in domestic ports in the next five years and Rs 15,000-20,000 crore for its logistics business. This means that there will be a capex of Rs 12,000-14,000 crore every year.

HSBC said that Given its strong cash position, Adani Ports will be able to complete the capex with their internal cash flow. HSBC maintained its ‘Buy’ rating on Adani Ports and set a target price of Rs 1,600, which shows an increase of 35% against the previous closing.

(Disclaimer: New Delhi Television is a Subsidiya of Amg Media Networks Limited, an adani group company.)