Deals Done at India Maritime Week 2025

Syama Prasad Mookerjee Port, Kolkata (SMPK) has signed a number of memorandums of understanding (MoU) to improve infrastructure expansion and support port-led growth. The MOUs, which total Rs 480bn according to SMPK, include:

• Project agreement with Dredging Corporation of India for long-term dredging operations to improve harbour maintenance and capacity.
• Investment by Haldia Petrochemicals Limited to develop tank farms and petroleum, oil and lubricants (POL) handling infrastructure at Haldia Dock.
• Partnerships with Adani Ports and Special Economic Zone Limited, JSW Infrastructure Limited and Century Ports & Harbours Limited to build new container terminal projects under public-private partnership models.
• An agreement with UltraTech Cement Limited, signed to establish a cement bulk-terminal at the Kolkata Dock, as well as real-estate tie-ups for river-front development with firms like Srijan Real Estate & Infrastructure Private Limited and Eden Realtors Limited.

At the same time, the Chennai Port Authority (CPA) and V. O. Chidambaranar Port Authority (VOC Port) in Tamil Nadu outlined their own MOUs exceeding Rs 1.2 trillion in value.

A major infrastructure development confirmed by CPA is the 90ha Outer Harbour reclamation project between the fishing harbour and Bharathi Dock area that will generate significant additional space for port use

Additionally, VOC Port has announced projects of Rs 800bn, which includes a Rs 20bn venture with J M Baxi Ports & Logistics to establish shipbuilding and repair facilities, with the aim of helping increase ship traffic by 25%.

During India Maritime Week 2025, investment of more than Rs 12 trillion has been confirmed.