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Gujarat Pipavav Port inks MoU with NYK India for major RoRo upgrade

Financially, the port operator delivered a strong performance in Q2 FY26. Revenue climbed 31.9% year-on-year to ₹299.35 crore, compared with ₹227.04 crore in the same quarter last year.
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Gujarat Pipavav Port announces a non-binding memorandum of understanding (MoU) with NYK India to significantly enhance the port’s roll-on/roll-off (RoRo) capabilities.

The partnership aims to bolster India’s growing vehicle export ecosystem—including electric vehicles—by developing advanced RoRo infrastructure at Pipavav. Under the MoU, the two companies will work on creating facilities capable of handling up to 500,000 cars annually, reducing dwell times, and improving vessel–rail integration to support rising rail-linked automotive cargo movement.

The initiative aligns with Pipavav Port’s strategy to position itself as a key automotive logistics hub on India’s west coast. Operated by Gujarat Pipavav Port Ltd., the facility is an all-weather, multi-cargo port serving major global shipping routes and providing crucial access for cargo from northern and northwestern India.

Financially, the port operator delivered a strong performance in Q2 FY26. Revenue climbed 31.9% year-on-year to ₹299.35 crore, compared with ₹227.04 crore in the same quarter last year. On a sequential basis, revenue increased 19.5% from ₹250.45 crore in Q1 FY26. Adjusted profit after tax surged 70.1% YoY to ₹128.44 crore and was 23.1% higher than the previous quarter’s ₹104.33 crore.

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