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Adani Ports and Special Economic Zone has completed the acquisition of Dighi Port Limited (DPL). Dighi is the 12th port to join the group’s network across the eastern and western coasts of India and establishes a presence in Maharashtra, the largest contributor to India’s GDP. The acquisition will enable APSEZ to better service customers in the state, which includes the highly industrialised areas around Mumbai and Pune.
APSEZ plans to invest heavily to develop DPL into a multi-purpose cargo port while also improving road and rail infrastructure. The company says it will strengthen and repair existing infrastructure and invest in the development of facilities for dry cargo, containers and liquid bulk cargoes.
Adani claims that, in time, DPL will evolve as an alternative gateway to JNPT and it will invite and support the development of port-based industries on port land. Karan Adani, CEO of APSEZ, said, “The successful acquisition of DPL is another milestone in Adani Port’s target of creating a string of ports to increase service coverage to the entire economic hinterland of India. Our investment and capacity augmentation plan will be aligned with the policies of the Government of Maharashtra for the development of ports and associated infrastructure as well as industrial and socio-economic development in the state.”
