News / Carriers offered joining bonuses by Adani's Kattupalli to win business from Chennai

Market share losses suffered by Chennai’s container terminals on India’s east coast appears to be worsening as competitor Adani Group is understood to have been aggressively targeting carrier customers with “joining bonuses” for switching to its facilities.

The latest blow for Chennai – and arguably the biggest – comes from an impending port call change announced by the IEX (South India-Europe) service, which was the first direct connection from the Indian east coast to Europe when it launched in 2019.

The weekly ...