Gujarat Pipavav Port Ltd (GPPL) has signed a non-binding Memorandum of Understanding (MoU) with the Gujarat Maritime Board (GMB) to explore proposed future investments worth ₹17,000 crore at Pipavav Port.
According to the company, the proposed investments are contingent upon a long-term extension of its current concession agreement, which remains valid until September 2028. The plan envisions major infrastructure upgrades and capacity enhancements across multiple cargo segments.
Key developments under consideration include expansion of container handling, liquid cargo, and roll-on/roll-off (RoRo) facilities, along with increased storage and rail siding capacity. The company also intends to procure specialised cargo-handling equipment and develop a deeper waterfront to accommodate larger vessels.
GPPL said the project aims to create an integrated multimodal logistics hub that seamlessly connects ocean, rail, and road networks to serve the growing trade in India’s northwest region. The port operator also plans to explore strategic partnerships to support and accelerate these large-scale developments.
The proposed expansion underscores Pipavav Port’s strategic role in strengthening Gujarat’s maritime infrastructure and enhancing India’s global trade competitiveness.