Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port
PORTS & SHIPPING

Adani to invest Rs 425 billion more in Maharashtra’s Dighi Port

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday.

Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state.

Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening day of the India Maritime Week. The deals cover a wide range of sectors including port expansion, shipbuilding, technology, and ancillary activities.

The Adani Group, led by Gautam Adani, India’s second-richest industrialist, had acquired the bankrupt Dighi Port project in 2021 through a Rs 7.05 billion bid, with an initial commitment of Rs 100 billion for expansion.

Fadnavis highlighted that these new investments will help Maharashtra move towards becoming a “maritime superpower” and improve integration with global supply chains. He also announced that the JSW Group will invest Rs 37.09 billion to expand its Jaigad port facility, while the Chowgule Group has pledged Rs 50 billion for shipbuilding and rig repair operations.

In addition, Synergy Shipbuilders will invest Rs 10 billion, and Goa Shipyard will contribute Rs 20 billion towards shipbuilding and repair activities.

The Maharashtra government is also planning to introduce a ‘water taxi’ service connecting the newly inaugurated Navi Mumbai Airport—operated by the Adani Group—with the Gateway of India in South Mumbai, making it the first airport in the country to offer such a service.

Plans are also underway to develop a state-of-the-art marina in Mumbai for water transport and sports, alongside partnerships to strengthen maritime education and technology. IIT Bombay has signed on to create training and skill development facilities for sector professionals.

Fadnavis assured investors of seamless cooperation with the Union government to create a world-class maritime ecosystem.

The Adani Group has committed to invest an additional Rs 425 billion in the Dighi Port project, located along Maharashtra’s coastal Konkan belt, government officials announced on Monday. Adani Ports and Special Economic Zone (APSEZ)-run Dighi Ports signed a memorandum of understanding (MoU) with the Maharashtra government to undertake the expansion of the port and related infrastructure. This new commitment comes as part of a broader investment initiative by the state. Chief Minister Devendra Fadnavis said the agreement is among 15 MoUs worth over Rs 560 billion signed during the opening day of the India Maritime Week. The deals cover a wide range of sectors including port expansion, shipbuilding, technology, and ancillary activities. The Adani Group, led by Gautam Adani, India’s second-richest industrialist, had acquired the bankrupt Dighi Port project in 2021 through a Rs 7.05 billion bid, with an initial commitment of Rs 100 billion for expansion. Fadnavis highlighted that these new investments will help Maharashtra move towards becoming a “maritime superpower” and improve integration with global supply chains. He also announced that the JSW Group will invest Rs 37.09 billion to expand its Jaigad port facility, while the Chowgule Group has pledged Rs 50 billion for shipbuilding and rig repair operations. In addition, Synergy Shipbuilders will invest Rs 10 billion, and Goa Shipyard will contribute Rs 20 billion towards shipbuilding and repair activities. The Maharashtra government is also planning to introduce a ‘water taxi’ service connecting the newly inaugurated Navi Mumbai Airport—operated by the Adani Group—with the Gateway of India in South Mumbai, making it the first airport in the country to offer such a service. Plans are also underway to develop a state-of-the-art marina in Mumbai for water transport and sports, alongside partnerships to strengthen maritime education and technology. IIT Bombay has signed on to create training and skill development facilities for sector professionals. Fadnavis assured investors of seamless cooperation with the Union government to create a world-class maritime ecosystem.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement