Adani Ports and Special Economic Zone Limited will invest a cumulative Rs 300 billion in the development of the Vizhinjam seaport, Managing Director Karan Adani said during the inauguration of the port’s second phase of development.

He said the company plans an additional investment of Rs 160 billion under Phase 2, taking the total commitment to Rs 300 billion. With this expansion, the port’s capacity is expected to increase from 1 million twenty-foot equivalent units to 5.7 million TEUs by 2029.

Describing the project as the largest investment committed by any business group in Kerala, Adani said Vizhinjam is set to emerge as the largest transshipment port in the Indian subcontinent and a globally competitive maritime hub. He added that the port will also become the most technologically advanced facility in India, setting a benchmark for future port operations.

Adani acknowledged the contributions of former Kerala Chief Minister Oommen Chandy and Chief Minister Pinarayi Vijayan in driving the project forward. He said the project gained its initial momentum under Chandy’s leadership and has been carried forward with strong political commitment and administrative clarity under Vijayan.

He noted that sustained support from the state government has been central to transforming Vizhinjam from a long-standing vision into a nationally and globally significant maritime asset. Adani said the successful execution of such large-scale greenfield infrastructure projects depends not only on engineering expertise but also on long-term policy stability and institutional backing.

The Vizhinjam project is expected to strengthen India’s position in global maritime trade, enhance transshipment capabilities and support the country’s growing logistics and infrastructure ambitions.