- Monday, March 10, 2025
By: Shubham Ghosh
India’s Adani Group is set to develop a port in the eastern state of West Bengal at a planned investment of over $3 billion (£2.64 billion) as part of its plan to strengthen its grip over local infrastructure and logistics segments.
Bloomberg cited a statement from the state government saying Adani Ports & Special Economic Zone Ltd, which is controlled by Gautam Adani, one of the world’s top three richest persons, was selected as Monday (19) to develop the Tajpur deep sea port. located around 170 kilometres from state capital Kolkata.
The greenfield project will involve a total investment of rupees 250 billion (£2.75 billion), of which rupees 150 billion (£1.65 billion) will be used for port development and the rest for building-related infrastructure, it said.
The local government, according to the statement, also expects to generate 25,000 direct jobs and more than 100,000 indirect jobs through the port.
West Bengal is ruled by the Trinamool Congress and its chief minister is Mamata Banerjee, one of the major anti-Narendra Modi faces in Indian politics.
A wholly-owned subsidiary of Adani Ports last week signed a pact for the modernisation of a berth at the Haldia port, another significant one in Bengal.
