Current Affairs - Business - Discussion

Terminal Investment Limited (TIL), a Switzerland-based company, has announced its plans to invest Rs 20,000 crore in the development of Vadhvan Port near Dahanu, Maharashtra. The project is managed by Vadhvan Port Project Ltd (VPPL), a joint venture between JNPA and the Maharashtra Maritime Board. This investment is part of a larger Rs 76,200 crore initiative to establish a world-class port facility in India.