Switzerland-based TIL to invest Rs 20,000 crore in Vadhvan Port project

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Switzerland-based TIL to invest Rs 20,000 crore in Vadhvan Port project - Business Standard

Quick Summary:

The all-weather greenfield deep draft port is situated in Vadhavan, Palghar district of Maharashtra.

This partnership not only reflects the confidence of global investors in India’s maritime sector but also ensures the integration of cutting-edge technology, sustainable practices, and world-class infrastructure.

Put together, 70 container terminals, in which the company owns a stake, handled about 65 million twenty-foot equivalent units (TEUs) in 2023.