Maersk plans a $5 billion investment in India’s port and logistics infrastructure, focusing on Pipavav Terminal (Gujarat) and Vadhavan Port (Maharashtra). The entity has earmarked $2 billion for expanding Pipavav, while the remaining funds will support Vadhavan’s container terminal development. However, the investment hinges on extending its Pipavav concession beyond 2028 and winning a tender at Vadhavan. Negotiations with the Gujarat Maritime Board continue, with no resolution yet. As India expands its port sector, Maersk aims to strengthen its foothold, competing for upcoming container terminal contracts at Vadhavan and other Gujarat ports.

Contact: Maersk

Website: www.maersk.com 

Tel - 91 44 25362201