Mundra Port

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Last mentioned: 3h ago

Timeline

  1. Modi-Macron Pledge

    Leaders of India and France formally pledge to accelerate the corridor's development.

  2. Port Partnership Signed

    Adani Ports and Port of Marseille Fos sign an MoU to create the IMEC Ports Club.

  3. IMEC Announced

    The India-Middle East-Europe Economic Corridor is first unveiled at the G20 summit in New Delhi.

  4. Haifa Port Acquisition

    Adani Ports completes the acquisition of Haifa Port in Israel, a critical node in the IMEC route.

Stories mentioning Mundra Port 1

Markets Bullish

India-France Port Pact Accelerates IMEC Corridor to Rival China's BRI

India's Adani Ports and France's Port of Marseille Fos have signed a landmark agreement to establish an 'IMEC Ports Club,' strengthening trade connectivity between South Asia and Europe. This partnership provides critical momentum to the 6,000km India-Middle East-Europe Economic Corridor, aimed at reducing transit times by 40% and offering a strategic alternative to China's Belt and Road Initiative.

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