Switzerland’s MSC to acquire 49% stake in Adani’s Vizhinjam port in Kerala for ₹13,220 crore
The APSEZ and TiL have entered into an agreement under which MSC Group will invest for 49% interest in Adani Vizhinjam Port Private Limited (AVPPL), the concessionaire for the Vizhinjam port, cementing Vizhinjam’s emergence as a dominant transshipment gateway in the Indian Ocean region. Kerala signs ₹2,000-crore logistics pacts with central PSUs for Vizhinjam portThe strategic collaboration between APSEZ and MSC Group is expected to deliver significant advantages for APSEZ, including greater volume visibility and faster ramp-up ahead of planned expansions, driven by additional cargo volumes. Vizhinjam is also expected to receive a higher share of Bangladesh cargo, largely dependent on competing Southeast Asian transshipment hubs.
- ▪The APSEZ and TiL have entered into an agreement under which MSC Group will invest for 49% interest in Adani Vizhinjam Port Private Limited (AVPPL), the concessionaire for the Vizhinjam port, cementing Vizhinjam’s emergence as a dominant tr
- ▪Kerala signs ₹2,000-crore logistics pacts with central PSUs for Vizhinjam portThe strategic collaboration between APSEZ and MSC Group is expected to deliver significant advantages for APSEZ, including greater volume visibility and faster ra
- ▪Vizhinjam is also expected to receive a higher share of Bangladesh cargo, largely dependent on competing Southeast Asian transshipment hubs.
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Billed as the largest foreign private investment in the domestic port infrastructure in India, the Switzerland-based Mediterranean Shipping Company (MSC) Group, the world’s largest container shipping company, will acquire a 49% stake in the Vizhinjam International Seaport in Kerala for $1.397 billion (around ₹13,220 crore).According to a statement issued by Adani Ports and Special Economic Zone Limited (APSEZ) on Tuesday (June 30, 2026), the MSC will make the investment through its container terminal operating and investing arm, TiL.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.