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Adani Ports Sells 49% Stake in Vizhinjam Port to MSC for $1.4B

Wall Street Journal US Business •
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Adani Ports & Special Economic Zone has agreed to sell a 49% stake in its Vizhinjam port to Swiss-based Mediterranean Shipping Company for $1.40 billion, marking a major foreign investment in India's port infrastructure sector. The deal values the entire port operation at $2.85 billion and represents the largest foreign private investment in Indian port infrastructure to date.

The Kerala-based transshipment hub currently handles 1.6 million twenty-foot equivalent units annually, with plans to expand capacity to 5.7 million TEUs by the end of 2028. This expansion positions the port as a significant player in India's maritime logistics network, supporting the country's growing trade volumes and infrastructure development goals.

MSC, recognized as the world's largest transport and logistics conglomerate, is making the investment through its Terminal Investment unit. The partnership aligns with Adani Group's strategy to attract international expertise and capital to scale operations at Vizhinjam, which serves as a critical transshipment center connecting major shipping routes.

This transaction reflects increasing foreign interest in India's port infrastructure as global logistics companies seek strategic positions in high-growth markets. The capital infusion will fund expansion while giving Adani Ports a well-connected international partner to boost cargo volumes through the facility.