APM Terminals Pipavav (Gujarat Pipavav Port Limited) signed a Memorandum of Understanding with the Gujarat Maritime Board to expand Pipavav Port with an estimated investment of ₹17,000 crore (approximately USD 2 billion), the company said in a news release. The MoU is part of A.P. Moller–Maersk’s February 2025 announcement to invest over USD 5 billion in Indian ports and maritime infrastructure.

APM Terminals said “This will improve overall cargo volume for imports and exports. About 40% of the total investment in the 1,535 km of western dedicated freight corridor (DFC) is likely to be in Gujarat, which has around 37% of the area covered.”

Concession extension from Gujarat Maritime Board

APM Terminals Pipavav managing director Jakob Friis Sørensen said the company is aiming to strengthen its network and continue to provide the best-in-class services to its stakeholders.

Related : Maersk launches a shared service centre in Poland

He added “However, we are awaiting the confirmation of concession extension from Gujarat Maritime Board to execute the expansion plan. The container yard capacity will be expanded once the cargo growth is visible post commissioning of DFC. We expect the world economy and business to follow an expanded ’U’ curve and normalcy in business to be restored by Q2 2021.”

Development will expand capacity for containers

According to APM Terminals, the proposed development will expand capacity for containers, liquid and RoRo cargo, enhance storage and rail facilities, and strengthen multimodal connections with India’s Dedicated Freight Corridor.

The Pipavav Port, already connected to the world’s top ten container ports and eight of the top ten global shipping lines, has been consistently ranked India’s most efficient port by the World Bank’s Container Port Performance Index.

About APM Terminals Pipavav 

APM Terminals Pipavav (Gujarat Pipavav Port Limited) is a publicly listed company operating one of India’s key gateway ports for container, dry bulk, liquid bulk, and RoRo cargo. It is India’s first public–private partnership port and the first to be connected to the Dedicated Freight Corridor. The port currently handles 1.35 million TEUs of container cargo and 4 million metric tons of dry bulk annually, with expansion underway for liquid cargo capacity.

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