Adani Ports and Special Economic Zone and MSC have entered into a definitive agreement under which Terminal Investment Limited will acquire a 49% interest in Adani Vizhinjam Port Private Limited, the concessionaire for Vizhinjam port, at a total deal value of US$ 2.85 billion.
TiL’s proportionate investment amounts to US$ 1.397 billion. The transaction, subject to customary and regulatory approvals, represents the single largest foreign private investment in Indian port infrastructure and reinforces Vizhinjam’s emergence as a dominant transshipment gateway in the Indian Ocean region.
Ashwani Gupta, CEO of APSEZ, highlighted Vizhinjam’s rapid operational ramp-up since commissioning, becoming the first Indian port to surpass 2 million TEUs within 18 months of operations.
He described the expanded partnership with MSC as a means of delivering enhanced supply chain efficiencies at global scale and improving India’s access to key mature and developing markets.
The collaboration is expected to deliver several strategic advantages for APSEZ, including accelerated volume ramp-up driven by additional cargo, a higher share of Bangladesh cargo currently dependent on competing Southeast Asian transshipment hubs, strengthened presence on East Africa trade routes, and elevated relay cargo volumes.
Commissioned in December 2024, Vizhinjam port is India’s first deep-draft mega transshipment facility, currently operating with 1.6 million TEU capacity and undergoing expansion that will increase capacity 3.5 times to 5.7 million TEUs by December 2028.
As India’s first automated port, Vizhinjam integrates advanced container handling systems with an AI-enabled indigenous Vessel Traffic Management System.
During fiscal year 2026, Vizhinjam handled 1.3 million TEUs, having become the fastest Indian port to reach the 1 million TEU milestone in its first year of operation with 615 vessel calls.
Within 18 months, throughput surpassed 2 million TEUs across more than 950 vessels, setting a further national record, and the port welcomed its 1,000th vessel call in June 2026.
Vizhinjam has handled over 70 Ultra Large Container Vessels, the highest figure among Indian ports, alongside 283 vessels exceeding 300 metres in length and 98 vessels requiring drafts greater than 16 metres.
