Adani Group launched Vizhinjam International Deepwater Multipurpose Seaport. Karan Adani aims to make it the most efficient port globally. Phase 2 is expected to complete by 2028. The port will reduce reliance on foreign transshipment. It targets a 25-30 per cent reduction in logistics costs. Adani also highlighted the role of their ports in the India-Middle East Corridor project.