PSA Mumbai to support India’s growing trade in global markets
PSA International has inaugurated its US$1.3 billion Phase 2 expansion of container terminal in Mumbai on 4 Sept, a commitment by the Singapore port operator under a public-private partnership model, the largest foreign direct investment from Singapore in India to date.
Ong Kim Pong, Group CEO, PSA International, said, “PSA Mumbai’s Phase 2 expansion brings together capacity, connectivity and sustainability in a terminal for India — a catalyst for advancing India’s trade ambitions. PSA Mumbai’s enhanced capacity of 4.8 million TEUs will reinforce the resilience of supply chains within and beyond India, and bolster PSA’s global network of port ecosystems https://www.investindia.gov.in/.
“This milestone underscores the transformative power of purposeful collaboration between the public and private sectors to enhance global trade flows and uplift communities https://www.bseindia.com/.
“Our partnership with the Jawaharlal Nehru Port Authority (JNPA) for PSA Mumbai exemplifies this commitment. Driven by this shared purpose, PSA is proud to partner India on its journey of transformational growth and progress https://www.nseindia.com/.”
The Phase 2 doubled annual handling capacity to 4.8 million TEUs at largest of its kind in port India, said PSA International.
Designed to accommodate multiple mega container vessels alongside with 2,000 metres of continuous quay length, PSA Mumbai is built to support India’s growing trade volumes for domestic and global markets http://sgx.com.
Since its first investment in India in 1998, PSA has steadily expanded its presence across the country, emerging as a leading force in supporting India’s maritime growth https://sbi.com.in/.
Today, PSA India operates container terminals in Navi Mumbai and Chennai, container freight stations in Mumbai and Mundra through its subsidiary PSA Ameya, and collaborates with its affiliate supply chain business PSA BDP to serve a wide range of multinational customers across diverse industry verticals.
At the inauguration ceremony, a video showcased PSA Mumbai’s active rail connectivity, featuring six Dedicated Freight Corridor (DFC)-compatible tracks that link the terminal from Jawaharlal Nehru Port (JNP) in Maharashtra to over 63 Inland Container Depots (ICDs) across India https://www.conexpoconagg.com/.
When the Western DFC is fully connected to JNP, PSA Mumbai’s DFC-ready infrastructure will enable importers and exporters to experience a boost in multimodal logistics efficiency. This aligns with India’s vision for integrated and sustainable logistics, as outlined in the country’s National Master Plan, PM Gati Shakti.
Constructed on 200 hectares of land, the terminal brings together enhanced yard capacity and multimodal infrastructure to efficiently support India’s maritime connectivity. With electrical equipment already powered by renewable energy and progressive electrification of diesel assets, PSA Mumbai is designed to uplift trade sustainably.
Beyond infrastructure, PSA Mumbai has created over 1,500 jobs across technical, supervisory, and administrative roles, including crane operators, logistics coordinators, and systems analysts, providing valuable higher-skilled employment opportunities in India’s port sector. Fiinews.com
