Published Jun 30, 2026 | 3:44 PM ⚊ Updated Jun 30, 2026 | 3:44 PM
Vizhinjam International Seaport.
Synopsis: Terminal Investment Limited announced that it will acquire a 49 percent stake in Adani Vizhinjam Port Private Limited. The collaboration is expected to accelerate Vizhinjam’s emergence as a leading transshipment hub in the Indian Ocean region while ensuring sustained cargo growth.
Vizhinjam International Seaport in the Thiruvananthapuram district of Kerala, India’s first deep-water container transshipment port, took a major leap on Tuesday, 30 June, with the announcement that Terminal Investment Limited (TiL) will acquire a 49 percent stake in Adani Vizhinjam Port Private Limited (AVPPL), the port’s concessionaire. TiL is the terminal investment arm of the Mediterranean Shipping Company (MSC) Group,
The partnership between Adani Ports and Special Economic Zone (APSEZ) and TiL involves an investment of $1.397 billion (around ₹13,000 crore) by TiL as part of the port’s total project value of $2.85 billion (around ₹27,000 crore).
The transaction is subject to statutory and regulatory approvals.
Also Read: Kerala Government reconstitutes committee to oversee Vizhinjam Port land acquisition
The collaboration, described as the largest foreign private investment in Indian port infrastructure, is expected to accelerate Vizhinjam’s emergence as a leading transshipment hub in the Indian Ocean region while ensuring sustained cargo growth.
The port, which commenced commercial operations in December 2024, currently has an annual handling capacity of 1.6 million TEUs (Twenty-Foot Equivalent Units). The ongoing expansion works will raise this to 5.7 million TEUs by December 2028.
APSEZ Whole-Time Director and CEO Ashwani Gupta said the partnership builds on the long-standing relationship between Adani Ports and MSC at Mundra and Ennore ports.
He noted that the alliance would strengthen India’s connectivity to global shipping networks while boosting cargo volumes, including Bangladesh-bound traffic, East African trade and relay cargo.
Strategically located just 10 nautical miles from the main east-west shipping lane, Vizhinjam has already handled over two million TEUs within 18 months of operations, welcomed its 1,000th vessel last week and established itself as India’s fastest-growing container transshipment port.
(With inputs from Dileep V Kumar.)
