Adani Ports to Expand Vizhinjam with Rs 130 Billion Investment

08 May 2025 CW Team

Adani Ports and Special Economic Zone (APSEZ), the flagship company of the Adani Group and India’s largest private port operator, plans to invest Rs 130 billion in phase two of the Vizhinjam International Seaport. The project will increase cargo handling capacity from one point two million to nearly five million twenty-foot equivalent units (TEUs) by 2028.

Commissioned on May two by Prime Minister Narendra Modi, the seaport was completed at an estimated cost of Rs 88.67 billion. APSEZ managing director Karan Adani stated that the company is focusing on three major verticals—marine, logistics and agri-logistics. These include developing multi-modal logistics parks and constructing grain silos for better storage.

Vizhinjam is set to become India’s first port dedicated entirely to transshipment. Currently, seventy-five per cent of the country’s transshipment cargo is routed through foreign ports, resulting in a revenue loss of up to USD 200–220 million annually. The port aims to recapture this traffic from ports like Singapore, Colombo, Salalah and Dubai.

The company also has global ambitions, targeting South East Asia and East Africa for future expansion. It supports the India-Middle East-Europe Economic Corridor (IMEC), which is expected to reduce costs and transit times for Indian trade to Europe.

Source: The Telegraph Online, PTI

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..