Adani Ports and Special Economic Zone (APSEZ) will invest ₹30,000 crore to accelerate the development of the Vizhinjam sea port, Managing Director Karan Adani announced. The expansion—Kerala’s largest private investment—will boost port capacity from 1 million TEUs to 5.7 million TEUs by 2029, positioning Vizhinjam as a major global transshipment hub.
In a landmark announcement for India’s maritime sector, Karan Adani, Managing Director of APSEZ, confirmed a ₹30,000‑crore investment to transform the Vizhinjam sea port into one of the most advanced transshipment hubs in the region. The commitment includes ₹16,000 crore earmarked for Phase 2, unveiled during the port’s expansion ceremony in Thiruvananthapuram.
The project will dramatically scale the port’s handling capacity—from 1 million TEUs to 5.7 million TEUs by 2029—and marks the largest investment ever made by a private business in Kerala. Officials emphasized that Vizhinjam is on track to become the largest transshipment port in the Indian subcontinent, supported by cutting‑edge technology and strategic global connectivity.
Kerala’s leadership has hailed the expansion as a turning point for the state’s economic future, noting that the port is progressing ahead of schedule and will soon host some of the world’s largest vessels.
Key Highlights / Major Takeaways
₹30,000‑crore total investment committed by APSEZ
Phase 2 adds ₹16,000 crore to the development plan
Capacity to rise from 1 million to 5.7 million TEUs by 2029
Set to become India’s largest transshipment hub
Kerala government celebrates project as a historic economic milestone
Sources: The Hindu BusinessLine, PTI, ANI, Economic Times