Mumbai, India, June 30, 2026 (AFP) - Adani to sell stake in India port to MSC for $1.4 bn

NAMPA / AFP

2026-06-30

Indian conglomerate Adani Group said Tuesday that Europe's MSC will buy a 49 percent stake in its deep-water transshipment port in southern India for $1.4 billion. The purchase by Switzerland-based MSC, the world's largest container shipping company, represents the "single largest foreign private investment in Indian port infrastructure", Adani said in a statement. The agreement comes as India seeks to develop a network of major seaports and redu......

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