India’s maritime landscape is undergoing a massive capacity overhaul, led by significant public investments and aggressive private sector acquisitions. The Mumbai Port Authority announced projects worth over ₹3,541 crore, including a global-standard marina built by Larsen & Toubro named the “Viksit Bharat Mumbai Marina”, crude oil berth expansions, and extensive digital surveillance upgrades. Concurrently, Kamarajar Port is finalizing plans to construct a ₹4,300-crore second container terminal by 2027 to double its capacity and minimize vessel turnaround times. In the private sector, Adani Ports and Special Economic Zone (APSEZ) has significantly consolidated its market dominance, receiving an investment-grade BBB rating upgrade from S&P Global due to robust cash flows and disciplined leverage. APSEZ has emerged as the frontrunner to acquire the distressed Karanja Terminal & Logistics with a ₹625-crore recovery plan. It also celebrated operational milestones at its Karaikal Port facility, which handled a record-breaking 12.43 million tonnes of cargo during the 2025-26 fiscal year.