Economy · India
MSC Group to Invest $2.85 Billion in Adani's Vizhinjam Port
Switzerland-based shipping giant MSC Group, through its unit TiL, will acquire a 49% stake in Adani's Vizhinjam Port for approximately $2.85 billion (₹13,220 crore). This investment is being highlighted as the largest foreign private investment in India's port infrastructure. The deal marks the third collaboration between Adani Ports and MSC Group, with plans for capacity expansion and increased logistics traffic at the port.
How outlets across the spectrum covered it
Left 1 · Centre 9 · Right 1 n = 11
- Left (1): The Hindu
- Centre (9): Business Standard, Deccan Chronicle, Mathrubhumi English, Mint, NDTV, The Free Press Journal, The Indian Express, The New Indian Express, The Tribune
- Right (1): Swarajya
- International (2): Bloomberg, Reuters