Adani to sell 49% stake in Vizhinjam Port to MSC for $1.4 Billion

The deal is expected to strengthen cargo volumes at the Kerala port and marks one of the largest foreign private investments in India’s port infrastructure.

The Adani Group on Tuesday announced that Switzerland-based Mediterranean Shipping Company (MSC) will acquire a 49% stake in its deep-water transshipment port in Kerala for $1.4 billion.

According to the company, the investment is the largest foreign private investment in India’s port infrastructure to date. MSC will acquire the stake in Adani Vizhinjam Port Private Limited, which operates the Vizhinjam International Seaport, through its investment arm, Terminal Investment Limited. The transaction is subject to regulatory approvals.

The partnership comes as India pushes to expand its port infrastructure and reduce dependence on regional transshipment hubs such as Singapore and Colombo by handling more cargo at domestic ports.

Adani said the collaboration is expected to increase cargo volumes at Vizhinjam and help the port attract a larger share of Bangladesh-bound cargo that is currently routed through other Southeast Asian ports.

Adani Ports CEO Ashwani Gupta said Vizhinjam has rapidly emerged as a leading transshipment hub. India’s first dedicated deep-water container transshipment port is designed to accommodate some of the world’s largest container vessels, supporting the country’s broader plans to enhance trade competitiveness through expanded port infrastructure.