APM Terminals to invest $2 billion in Pipavav Port Expansion

APM Terminals has signed a Memorandum of Understanding (MoU) with the Gujarat Maritime Board to expand Pipavav Port, marking a major step in strengthening India’s port infrastructure. The investment of ₹17,000 crore (approximately USD 2 billion) aims to boost the port’s capacity for containers, liquid cargo, and RoRo operations.

The expansion will introduce modern handling systems and improve multimodal connectivity to the Dedicated Freight Corridor and key hinterland routes, making supply chains faster, more efficient, and sustainable.

Aligned with India’s Maritime Amrit Kaal Vision 2047 and Gujarat’s Viksit Gujarat@2047 roadmap, the project is expected to generate employment, support local industries, and position Pipavav as one of India’s most efficient and future-ready ports.