Port project to boost India, Thailand ties


FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024. REUTERS/Amit Dave/File Photo

BANGKOK: According to the Department of International Trade Promotion office in Mumbai, India announced a US$6.7bil maritime investment package for the state of Maharashtra during India Maritime Week 2025 on Oct 27, 2025.

The investment package is spearheaded by Adani Ports and Special Economic Zone (Apsez), which alone accounts for US$5.1bil of the total.

Additionally, the initiative aims to boost port capacity, particularly at Dighi Port, and reduce ship turnaround times by 25% to 30% (one day faster), while cutting operational costs by 8% to 12% and enhancing overall competitiveness by 10% to 15%.

The plan also focuses on improving hinterland connectivity and developing related logistics infrastructure, strengthening the position of Mumbai and Maharashtra as India’s leading western maritime hub in the medium term.

Before this announcement, Maharashtra’s main ports, JNPT, Mumbai and Dighi, with linkages to Kandla, faced capacity bottlenecks, congestion and lengthy cargo handling times.

Private operators such as Apsez have gradually expanded their presence, handling a total of 450 million tonnes of cargo in fiscal 2025.

Furthermore, following the new investment, authorities project a significant increase in berth capacity, deeper navigation channels to accommodate larger vessels, and enhanced multimodal connections by road, rail, and warehousing. — The Nation/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Maharashtra , India , port , Adani Ports , Apsez

Next In Business News

Weak undertones on Bursa as Fed decision looms
Ringgit slips vs US$, rises against majors on Fed cut expectations
Fed chair front-runner Hassett says 'plenty of room' to cut rates
Trading ideas: TNB, Zetrix AI, Matrix, Southern Score, DKSH, Perak Transit, FBG, AWC, TechStore, Jentayu, PJBumi, One Gasmaster
S&P 500 ends down as investors await Fed rate decision
FBG wins RM206mil building job
DKSH to take DHMB private for RM6.15 per share
Hong Kong banks call for IPOs to maintain key standards
Matrix Concepts disposes of land for RM25mil
France�drawing up plans to shield food output

Others Also Read