Terminal Investment Limited (TIL), the company terminal operator of the Swiss shipping group Mediterranean Shipping Company (MSC), has signed an agreement with India's Jawaharlal Nehru Port Authority (JNPA) for the construction of the port in the waters of Vadhvan, in the Indian state of Maharashtra ( of the 12th February 2020 and 20 June 2024). With the memorandum of understanding, which is The meeting was signed today by the President of the JNPA, Sri Unmesh Sharad Wagh, and Captain Deepak Tewari, managing director of MSC India and president of the Indian Container Shipping Lines Association (CSLA), TIL is expected to invest 200 billion rupees ($2.3 billion).