Mumbai, Feb. 28 -- A.P. Moller-Maersk has offered to invest up to $5 billion in India to expand its local operations, but about $2 billion of this is contingent upon the shipping and logistics major getting an extension of its 30-year concession for the Pipavav port in Gujarat that expires in September 2028.

A similarly large chunk of the proposed $5 billion investment is contingent upon the company winning a bid to develop a container terminal at the upcoming Vadhavan Port near Mumbai.

The company did not disclose the timeline over which this capital will be invested.

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The investment in Pipavav is proposed to go towards expanding the capacity of the...