Global shipping conglomerate A.P. Moller-Maersk has unveiled plans to invest approximately $5 billion in India’s ports, terminals, and landside infrastructure over the coming years. This strategic move aims to enhance the nation’s logistics capabilities and support its burgeoning trade activities.
Keith Svendsen, CEO of APM Terminals, highlighted the company’s commitment during a recent meeting with Prime Minister Narendra Modi. Svendsen stated, “We see an investment opportunity pipeline of about $5 billion in ports and terminals and landside infrastructure development.” He emphasized that this initiative is designed to provide customers with comprehensive supply chain solutions, integrating various transportation modes with port handling, warehousing, and distribution services.
A significant portion of the investment is earmarked for the expansion of the Pipavav terminal and the development of a new container terminal at Vadhavan Port in Maharashtra. The Pipavav terminal will undergo dredging to accommodate larger vessels, ensuring it meets future trade demands. Regarding Vadhavan Port, Maersk has expressed its intention to participate in the bidding process, with funds already allocated for the project’s potential development.
Located approximately 150 kilometers north of Mumbai, Vadhavan Port is a pivotal government project featuring a natural draft of 20 meters. Its strategic connectivity to the National Highway network and the Dedicated Freight Corridor rail network positions it as a crucial hub for enhancing India’s maritime infrastructure.
In addition to port developments, Maersk is focusing on bolstering its logistics and warehousing footprint within India. The company currently manages over 3 million containers annually through its operations in Pipavav and Mumbai. Christopher Cook, Managing Director for Maersk South Asia, noted that the logistics segment has seen substantial growth, with the company expanding its warehousing facilities to over 300,000 square meters across 26 locations. Plans are underway to further extend services into tier 2 and tier 3 cities, aiming to meet the evolving needs of both Indian and international clientele.
Maersk is also exploring opportunities in dedicated air freight services and green fuel partnerships within India, aligning with global trends toward sustainable and efficient logistics solutions.
This investment underscores Maersk’s confidence in India’s economic trajectory and its commitment to supporting the country’s infrastructure development, thereby facilitating more streamlined and resilient supply chains.
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