Vizhinjam Port Phase 2 Foundation Laid Adani Group Commits Rs 16,000 Crore Investment

Vizhinjam Phase 2, financed by APSEZ with Rs 30,000 crore, will expand capacity from 1 to 5.7 million TEUs by 2029, reinforcing Kerala as a global transshipment hub and showcasing port-led economic growth in India.

The foundation stone for Phase 2 of the Vizhinjam International Seaport waslaid on Friday, marking a major milestone in Kerala’s maritime and economicdevelopment. The project is being developed by Adani Ports and SpecialEconomic Zone Ltd (APSEZ) with an additional investment of Rs 16,000 crore,taking the total committed investment to Rs 30,000 crore.

Addressing the event, APSEZ Managing Director Karan Adani described the dayas historic for Kerala and India’s maritime future, stating that Vizhinjamis set to become a globally competitive transshipment hub and a key pillarof India’s port-led development strategy.

The ceremony was attended by Kerala Chief Minister Pinarayi Vijayan, UnionMinister for Ports, Shipping and Waterways Sarbananda Sonowal, Leader ofOpposition V D Satheesan, Members of Parliament, senior officials from theCentre and the State, and industry representatives.

Karan Adani highlighted that Vizhinjam reflects the continuity of politicalvision across governments and acknowledged the foundational role played byformer Chief Minister Oommen Chandy, under whose leadership the project wasinitially awarded. He also praised the sustained support of Chief MinisterPinarayi Vijayan, stating that political clarity and administrativecommitment were crucial for executing a large greenfield infrastructureproject. He further appreciated the bipartisan support extended by politicalleaders, noting that such cooperation sends a strong signal to investorsabout Kerala’s long-term economic priorities.

Speaking about the port’s performance, Adani said Vizhinjam has emerged asthe fastest Indian port to handle one million TEUs, achieving the milestonewithin just 15 months of commencing commercial operations and placingKerala firmly on the global shipping map.

With Phase 2, the port’s capacity will expand from 1 million TEUs to 5.7million TEUs by 2029. Once completed, Vizhinjam is expected to become thelargest transshipment port in the Indian subcontinent and one of the mosttechnologically advanced ports in the country.

Adani said the project is not merely an expansion of port infrastructurebut an expansion of national capability, adding that Vizhinjam would serveas a model for future Indian ports in terms of technology, efficiency andscale. The project is also being seen as a strong example of cooperativefederalism, aligning with the Centre’s vision of port-led economic growth.

Concluding his address, Adani thanked the Government of Kerala, the UnionGovernment, political parties, and the people of Thiruvananthapuram andKerala for their continued trust in the Adani Group and assured that thecompany would continue to deliver on its commitments. https://www.youtube.com/watch?v=ZRl_g_MOogs