The Power Finance Corporation (PFC) has pledged ₹21,000 crore to support the development of Vadhavan Port in Maharashtra, marking a pivotal moment in the project’s advancement and reinforcing India’s maritime infrastructure strategy. This significant financial commitment aims to propel Vadhavan Port into a key global container hub, with advanced facilities and a strategic location set to handle some of the world’s largest container ships.
PFC’s funding will expedite the port’s construction, including the development of berths, dredging activities, and terminal facilities. The Vadhavan Port, designed to accommodate ultra-large container vessels, is expected to reduce logistics costs for Indian exporters by minimizing reliance on foreign transshipment hubs. This will enhance India’s trade competitiveness, particularly in the Asia-Pacific region.
The project, which reflects the government’s commitment to upgrading port infrastructure, is anticipated to create substantial employment opportunities and foster local development. With a strong focus on sustainability, the Vadhavan Port will integrate environmental considerations throughout its planning and execution.
PFC’s support underscores the port’s potential to transform India’s logistics and shipping sectors and contribute to the country’s long-term economic growth. The successful realization of the Vadhavan Port project will demonstrate India’s capability to develop world-class infrastructure, bolster its global trade position, and support its maritime ambitions.
 has pledged ₹21,000 crore to advance Vadhavan Port, boosting India’s maritime infrastructure and trade.){kind=link}