Adani Ports has finalized an agreement with MSC Group, where MSC’s Terminal Investment Limited (TiL) will invest in a 49% stake in Adani Vizhinjam Port Private Limited (AVPPL). This collaboration marks the largest foreign investment in Indian port infrastructure, solidifying Vizhinjam’s position as a key transshipment hub in the Indian Ocean region. TiL’s investment amounts to $1.397 billion, representing its 49% share in the total deal value of $2.85 billion.
The CEO of APSEZ, Ashwani Gupta, praised Vizhinjam port’s rapid growth, noting its achievement of handling over two million TEUs within just 18 months of operations. Gupta expressed excitement about expanding the partnership with MSC to Vizhinjam, aiming to enhance supply chain efficiencies globally and improve India’s connectivity to international markets. The transaction is contingent on standard approvals, including regulatory clearances.
The collaboration between APSEZ and MSC Group is expected to bring several benefits to APSEZ, such as increased volume visibility, accelerated ramp-up, and a stronger presence on East Africa trade routes. TiL, a major player in the container terminal industry, is part of the MSC Group, managing over 100 container terminals worldwide with an annual throughput exceeding 70 million TEUs. Vizhinjam port, commissioned in December 2024, is India’s primary deep-draft mega transshipment port with a current capacity of 1.6 million TEUs, set to expand to 5.7 million TEUs by December 2028.
Situated strategically near the East-West shipping route, Vizhinjam port is ideally positioned just 10 nautical miles from the route connecting Europe, the Persian Gulf, and the Far East. In the fiscal year 2026, the port handled 1.3 million TEUs, achieving a significant milestone by surpassing one million TEUs and servicing 615 vessels in its inaugural year.
