Adani Ports and Special Economic Zone Ltd (APSEZ) will invest a cumulative Rs 300 billion in the development of the Vizhinjam seaport in Kerala, according to Managing Director Karan Adani.

The investment includes an additional Rs 160 billion under Phase 2 of the project. With the expanded funding and phased development, the port’s capacity is expected to increase from around 1 million twenty-foot equivalent units (TEUs) to 5.7 million TEUs by 2029.

Karan Adani said the project represents the largest investment committed by any business group in Kerala. He added that Vizhinjam is expected to emerge as the largest transshipment port in the Indian subcontinent and a globally competitive maritime hub. The port is also set to become one of the most technologically advanced ports in India, showcasing the future of port operations in the country.

He acknowledged the contributions of former Chief Minister Oommen Chandy, under whose leadership the project was awarded and gained initial momentum, as well as the continued support of Chief Minister Pinarayi Vijayan. According to Adani, large-scale infrastructure projects require not only engineering expertise but also political clarity, administrative discipline and long-term commitment.

He further noted that sustained support from the Kerala government has been central to transforming Vizhinjam from a long-standing aspiration into a nationally and globally significant maritime asset.

The expansion of Vizhinjam is expected to strengthen India’s maritime infrastructure, enhance transshipment capabilities and position Kerala as a major logistics and trade hub in the region.