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JICA ADB and PFC eye funding for INR76220 crore Vadhavan port north of Mumbai
Business
Published on 24 April 2026
All weather deep draft port plans get major backers
India is moving ahead with an all-weather, deep-draft port at Vadhavan, north of Mumbai, with an estimated investment of INR 76,220 crore. JNPA Chairman said JICA, ADB and PFC are interested in funding the project, aiming to boost shipping capacity and improve resilience despite weather challenges. Details of timelines and scope were shared in an exclusive interview.
- JICA, ADB and PFC show interest in INR 76,220 crore Vadhavan port
- Port will be all-weather and deep-draft for year-round operations
- Project is located north of Mumbai to expand India’s port capacity
- Funding discussions are tied to the next phase of implementation
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times