Adani Ports Plans Rs 300 Billion Investment In Vizhinjam

29 Jan 2026 CW Team

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.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..