) |
📰 Overview
On May 2, 2025, Prime Minister Narendra Modi officially inaugurated the Vizhinjam International Seaport in Thiruvananthapuram, Kerala. This landmark project, developed under a public-private partnership between the Kerala government and Adani Ports and Special Economic Zone Ltd (APSEZ), is India's first dedicated deepwater transshipment port. The Indian Express+8India Today+8Business News Today+8YouTube+4mint+4India Today+4
Constructed at an estimated cost of ₹8,900 crore, the port is poised to position India as a significant player in global maritime trade by reducing dependence on foreign transshipment hubs like Colombo, Singapore, and Dubai. The Daily Guardian+1www.ndtv.com+1
🌊 Strategic Significance
-
Ideal Location: Situated just 10 nautical miles from international shipping routes, Vizhinjam offers a strategic advantage for East-West maritime trade. The Economic Times+3The Times of India+3Reuters+3
-
Natural Depth: With a natural draft depth of 20 meters, the port can accommodate Ultra Large Container Ships (ULCS) without extensive dredging, ensuring year-round operations. Onmanorama: Kerala News & Videos
-
Advanced Infrastructure: The port features semi-automated facilities, remote-controlled quay cranes, and India's first AI-powered Vessel Traffic Management System, enhancing operational efficiency. The Times of India
📈 Economic Impact
The Vizhinjam port is expected to reclaim a significant share of cargo currently transshipped through foreign ports, potentially saving India up to $220 million annually in revenue losses. The Economic Times+2The Times of India+2www.ndtv.com+2
Additionally, the port aims to boost local employment, stimulate regional economic growth, and strengthen India's position in global supply chains.www.ndtv.com
🏗️ Future Developments
Adani Ports plans to invest an additional $1.2 billion to expand the port's capacity to 3 million TEUs by 2028, further enhancing its competitiveness and operational capabilities. Adani Ports and SEZ Ltd+2Reuters+2Reuters+2
