Adani Ports and Special Economic Zone (APSEZ) has entered into a definitive agreement with MSC Group, under which MSC's terminal operating arm Terminal Investment Limited (TiL) will acquire a 49% stake in Adani Vizhinjam Port Private Limited (AVPPL), the concessionaire for Vizhinjam Port, in a transaction valued at USD 2.85 billion.

As part of the deal, TiL will invest approximately USD 1.397 billion for its 49% stake, marking the largest foreign private investment in Indian port infrastructure. The partnership is expected to accelerate cargo volumes, strengthen APSEZ's presence in key global trade routes, and reinforce Vizhinjam Port's position as a leading transshipment hub in the Indian Ocean region. The transaction remains subject to customary regulatory approvals.