Context:
PM Narendra Modi inaugurated the ₹8,800-crore Vizhinjam International Deepwater Multipurpose Seaport in Thiruvananthapuram, Kerala. This is India’s first dedicated container transshipment port, strategically located near major global shipping routes. The port is developed by Adani Ports and SEZ Ltd under a public-private partnership (PPP) with the Kerala government.
Prime Minister’s Remarks
- Economic Vision: Modi emphasized that port cities and coastal States will be pivotal to India’s growth and transformation into a developed economy.
- Policy Blueprint: The Centre’s focus is on infrastructure development and ease of doing business, which has shaped the port and waterways strategy over the past decade.
- Private Sector Role: Highlighted massive PPP investments as critical in upgrading ports to global standards and making India’s maritime sector future-ready.
Port Features & Benefits
- Natural Depth: Nearly 20-metre deep draft makes it ideal for handling large container ships.
- Reduced Dependence: The port will minimize India’s reliance on foreign ports for transshipment, boosting efficiency and lowering logistics costs.
- Global Trade Integration: Enhances India’s presence in international maritime trade, aligning with long-term export and logistics goals.
