Indian state rebukes MSC-Adani over unannounced $1.4bn Vizhinjam port deal
- MSC-Adani agreement would be the biggest foreign private investment ever made in India’s port sector
- Vizhinjam is already scaling up capacity and is set to become a key hub in MSC’s regional network
Keralam’s chief minister has criticised MSC and Adani for announcing a $1.4bn, 49% stake deal for the new Vizhinjam transhipment port without informing the state, insisting that any change in the concessionaire’s ownership must first receive government approval
