Global shipping giant Maersk has announced a $2 billion expansion strategy to deepen its footprint in India’s maritime and logistics ecosystem. Central to this plan is a Memorandum of Understanding (MoU) between APM Terminals Pipavav and the Gujarat Maritime Board, targeting major capacity upgrades at Pipavav Port and the strengthening of India’s maritime value chain.
The proposed investment, valued at roughly ₹17,000 crore, will fund the development of container and liquid cargo infrastructure, while improving multimodal connectivity through the Dedicated Freight Corridor. Maersk has also established Maersk Bharat IFSC Pvt. Ltd. at GIFT City, Gujarat, and reflagged two vessels, Maersk Vigo and Maersk Vilnius, under the Indian flag to support its long-term operational presence.
The initiative will enhance India’s port capacity, boost trade efficiency, and promote domestic manufacturing of containers. Through partnerships with Indian shipyards and training institutions, Maersk aims to advance local skills, generate jobs, and strengthen India’s role as a global maritime hub.
