The Adani Group is set to make a massive new investment of ₹42,500 crore to expand and develop the Dighi Port project in Maharashtra’s Konkan region. The announcement came after Adani Ports and Special Economic Zone Ltd (APSEZ) signed a memorandum of understanding (MoU) with the Maharashtra government on the opening day of the India Maritime Week 2025 in Mumbai.
Chief Minister Devendra Fadnavis said the agreement with the Adani Group is part of a total of 15 MoUs signed by the state government, collectively amounting to more than ₹56,000 crore in investment commitments across the maritime sector. These agreements aim to transform Maharashtra into a “maritime superpower” by expanding port infrastructure, developing shipyards, and fostering innovation and technology in maritime services.
“The MoUs signed today represent our vision to make Maharashtra a leading maritime hub. We are confident these projects will strengthen global supply chain integration and unlock new economic opportunities,” Fadnavis said, expressing optimism about the sector’s growth potential.
The Adani Group, led by industrialist Gautam Adani, had taken over the bankrupt Dighi Port in 2021 with a ₹705-crore bid and an initial investment plan of ₹10,000 crore. The new commitment of ₹42,500 crore marks a major expansion push that includes the development of a large industrial zone around the port in collaboration with the central government.
Alongside Adani, other major players also announced significant maritime investments. The JSW Group pledged ₹3,709 crore to expand its facilities at Jaigad Port, while the Chowgule Group committed ₹5,000 crore for shipbuilding and vessel repair activities. Synergy Shipbuilders and Goa Shipyard have also earmarked ₹1,000 crore and ₹2,000 crore, respectively, for similar initiatives.
The Maharashtra government is further planning to introduce India’s first “water taxi” service from the newly inaugurated Navi Mumbai International Airport—operated by the Adani Group—to the Gateway of India, creating a new mode of urban coastal connectivity. Additionally, a state-of-the-art marina is being developed in Mumbai to promote water transport and recreational water sports.
Fadnavis also highlighted collaborations with foreign investors from the UAE, the Netherlands, and Sweden, who have shown interest in Maharashtra’s maritime infrastructure projects. The Indian Institute of Technology Bombay (IIT-Bombay) will partner with the state to establish training and skill development centers for maritime professionals.
The chief minister assured all stakeholders of full state support: “We will work closely with the central government and ensure the best ecosystem for maritime business in Maharashtra. We will succeed only if you succeed.”
The Union government has set an ambitious goal of attracting investment agreements worth ₹10 lakh crore during India Maritime Week 2025, underscoring the sector’s crucial role in India’s economic and trade ambitions.
