On November 28, 2024, the government of Kerala and Adani Vizhinjam Port Private Limited signed a supplementary concession agreement for the Vizhinjam International Port project.
As per the agreement, the project, envisioned as a transformative step in Kerala’s maritime infrastructure, will see its second and third phases nearing completion by 2028. These phases will require an investment of Rs 100 billion, expanding the port’s capacity to 3 million twenty-foot equivalent units.