The Adani Group has committed an additional ₹42,500 crore investment to expand the Dighi Port project in Maharashtra’s Konkan region, officials said recently.
Adani Ports and Special Economic Zone Ltd (APSEZ), the conglomerate’s flagship entity, signed a memorandum of understanding with the Maharashtra Government to advance the Dighi Port's expansion and allied infrastructure development.
Chief Minister Devendra Fadnavis said the investment forms a key part of 15 agreements worth over ₹56,000 crore signed during the opening day of the India Maritime Week. The state’s agreements cover port expansion, shipyard development, technology, and maritime infrastructure growth aimed at positioning Maharashtra as a maritime superpower.
The Adani Group had previously acquired the bankrupt Dighi Port project in 2021 for ₹705 crore and had then committed to an additional ₹10,000 crore for its revival and expansion. The new commitment significantly scales up that investment to strengthen the port’s role as a strategic logistics and industrial hub.
Among the other major investments announced, the JSW Group will invest ₹3,709 crore to expand its Jaigad Port facilities, while the Chowgule Group and Synergy Shipbuilders will invest ₹5,000 crore and ₹1,000 crore respectively in shipbuilding and repair activities. Goa Shipyard has planned ₹2,000 crore for ship development and maintenance infrastructure.
Fadnavis also announced that the state will introduce a water taxi service from the newly inaugurated Navi Mumbai International Airport-operated by the Adani Group-to the Gateway of India, marking the first such service linked to an airport in India. The government also plans to develop a world-class marina in Mumbai to promote water transport and water sports.
Additional MoUs signed include collaboration with IIT-Bombay for skill development and training initiatives in the maritime sector, and foreign commitments from enterprises in the UAE, the Netherlands, and Sweden for maritime infrastructure investments.
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