30 June 2026, Ahmedabad: APSEZ, India’s largest and one of the world’s fastest growing Integrated Transport Operator, and MSC Group, the world’s largest transport and logistics conglomerate, have entered into a definitive agreement under which MSC Group, via its container terminal operating and investing arm, TiL, will invest for 49% interest in AVPPL, the concessionaire for Vizhinjam port. The strategic collaboration represents the single largest foreign private investment in Indian port infrastructure and cements Vizhinjam’s emergence as a dominant transshipment gateway in the Indian Ocean region.
The transaction is subject to customary approvals, including regulatory ones.
TiL to invest USD 1.397bn, equivalent to its proportionate 49% share of USD 2.85bn.
“Vizhinjam port has emerged as a premier transshipment hub and ramped up at an unprecedented pace, becoming the first Indian port to earn the unique distinction of crossing 2 million TEUs within 18 months of operations,” said Mr. Ashwani Gupta, Whole-time Director and CEO, APSEZ. “I am delighted to expand APSEZ’s long-standing partnership with MSC to Vizhinjam, as we prepare for the port’s next leg of journey. I am confident that our association will deliver enhanced supply chain efficiencies at a global scale and improve India’s access to key global mature and developing markets,” he said.
The strategic collaboration between APSEZ and MSC Group will deliver significant advantages for APSEZ, including:
TiL is one of the world’s largest container terminal operators and part of the MSC Group comprising a portfolio of more than 100 container terminals across five continents and a throughput of more than 70 million TEUs per annum.
Commissioned in December 2024, Vizhinjam port is India’s first deep-draft mega transshipment port with 1.6 million TEU capacity. The port is undergoing expansion that will increase capacity 3.5x to 5.7 million TEUs by December 2028. Vizhinjam port is strategically located just ~10 nautical miles from the East-West shipping route connecting Europe, the Persian Gulf, and the Far East. The port features a natural draft of 18–20m, a 2.9 km breakwater, an 800m berth, and advanced infrastructure, including 8 quay cranes and 24 fully automated yard cranes. As India’s first automated port, Vizhinjam combines cutting-edge container handling systems, a world-class IT platform, and an AI-enabled indigenous Vessel Traffic Management System (VTMS) to drive operational efficiency, safety and reliability.
During FY26, Vizhinjam port handled 1.3 million TEUs. In its first year, Vizhinjam port handled 1.3 million TEUs and 615 vessels, becoming the fastest Indian port to cross the 1 million TEU milestone. Within 18 months, it surpassed 2 million TEUs and 950 vessels, setting another national record. In June 2026, Vizhinjam welcomed its 1,000th vessel. The port has handled over 70 Ultra Large Container Vessels (ULCVs)—the highest among Indian ports—along with 283 vessels exceeding 300m in length and 98 vessels requiring drafts greater than 16m
About APSEZ
APSEZ, part of the globally diversified Adani Group, a leading Integrated Transport Operator--across cargo origination (International Freight Network) through port handling, rail transport, multi-modal logistics parks, warehousing, and final delivery via road transport to customer gates.
This comprehensive "shore-to-door" capability, supported by cutting-edge digital infrastructure and AI-driven optimization, positions APSEZ as India's preeminent integrated logistics solutions provider. The company operates a comprehensive ecosystem of 15 strategically located ports and terminals across India's west, south, and east coasts, combined with a diversified marine fleet of 136 vessels, integrated logistics capabilities including 12 multi-modal logistics parks, 3.1 million sq. ft. of warehouses, and 25,000+ trucks operating on its proprietary platform, thus providing capabilities to handle vast amounts of cargo from both coastal areas and the hinterland. APSEZ also operates 4 international ports across Australia, Colombo, Israel and Tanzania.
With a current cargo handling capacity of 653 million tonnes per annum, APSEZ commands approximately 27% of India's total port volumes, targeting 1 billion tonnes throughput by 2030.
Recognized among the Top 5% of global transportation and transportation infrastructure firms in the 2025 S&P Global Corporate Sustainability Assessment (95th percentile globally), with five ports featuring in the World Bank's Container Port Performance Index 2024, APSEZ combines scale, operational excellence, and integrated capabilities to enable seamless global trade.
Disclaimer
No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this release. Certain statements made in this release may be "forward-looking statements" based on currently held beliefs and assumptions of the management of Adani Ports and Special Economic Zone Limited, which may involve known and unknown risks and uncertainties that may cause actual results to differ materially from projected results. This release is for general information purposes only and does not constitute an offer or invitation to purchase or subscribe for any securities. Past performance is not necessarily indicative of future results. The Company disclaims any obligation to update forward-looking statements to reflect future events or developments.
For media queries, please contact: Roy Paul | roy.paul@adani.com
For Investor Relations, please contact: Rahul Agarwal | apsezl.ir@adani.com
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