Gujarat is experiencing significant growth in manufacturing and infrastructure, attracting investments of over ₹26 lakh crore. The state has a strong port infrastructure dominated by Adani Group’s Mundra Port, public sector Kandla Port, and 48 non-major ports under the Gujarat Maritime Board. With several large industrial houses already present, there is potential for more modern ports to be developed.
JSW Infrastructure, during an analyst conference, outlined its future plans which include focusing on greenfield investments and acquiring specific terminals in major ports. Currently operating 10 ports and terminals in India and one in the UAE, the company has a combined operational capacity of 170 million tonnes per annum. Two greenfield ports – one in Karnataka and another in Odisha – are in the works with investments totaling over ₹6000 crore.
The company is also pursuing the development of a port in Maharashtra’s Palghar district at a cost of ₹4,259 crore. The Maharashtra Maritime Board has issued a global tender inviting bids for the project, with JSW Infrastructure having the opportunity to match the highest bid. The deadline for submitting bids is March 22, with the bids set to be opened on March 27, indicating a potential expansion of their port operations in the near future.
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