ADANI PORT SIGNS MOU WITH PORT OF MARSEILLE TO BOOST INDIA-EUROPE TRADE

has signed a Memorandum of Understanding (MoU) with the Port of Marseille (France) to deepen cooperation on trade facilitation, port innovation, and energy transition. The Port of Marseille is France's leading port and the Mediterranean's premier gateway. This step will strengthen the connectivity between India and Europe under the India-Middle East-Europe Economic Corridor (IMEC). is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. The company's stock price has surged 45% in the last one year and is currently trading near it's all time high levels. This new agreement will help to boost the company's growth progress in near future.