Maersk Plans $2B Investment to Expand India's Pipavav Port Infrastructure

Maersk has announced a $2 billion investment plan to expand Pipavav Port in Gujarat, India, aimed at enhancing its capacity for containerized and liquid cargo and improving multimodal connectivity with the Dedicated Freight Corridor and national logistics network. This expansion is part of a broader strategic initiative by Maersk to deepen its presence and operational footprint in India, including registering a new legal entity at GIFT City and reflagging vessels under the Indian flag to support domestic tonnage and supply chain resilience. The company is also collaborating with Indian shipyards for vessel repair, maintenance, and newbuilding work, as well as exploring local manufacturing partnerships for container production. The project aligns with India's Maritime Amrit Kaal Vision 2047 and Gujarat's development roadmap, aiming to boost employment, support local industries, and position Pipavav as a world-class, efficient, and sustainable port. Maersk's leadership emphasizes the investment's role in unlocking new opportunities for Gujarat, India, and global trade while supporting the government's vision for economic growth and maritime leadership. The expansion is subject to a long-term concession agreement with Indian authorities and reflects Maersk's commitment to building capacity, resilience, and sustainability for decades to come.