nt for India-related cargo, are expanding, promising a modern and efficient future for the port.
DCs could have a distinct edge in cross-border financial transfers, offering potential benefits over the current costly methods.
IMF reports a global economic slowdown, but India is growing fast. India aims to be a developed nation by 2047, needing a 7.6% growth rate. Global slowdowns may challenge India’s growth. However, with strategies like higher savings and increased exports, India can continue its growth momentum.
e first-ever cargo ship at the under-construction Vizhinjam international seaport project.
India has 13 major ports but lacks infrastructure for handling ultra-large container ships.
t 75% of India’s transshipment cargo is managed at foreign ports like Colombo, Singapore and Klang.
in fiscal year 2021-22, India’s total transshipment cargo was approximately 4.6 million TEUs.Of this, around 4.2 million TEUs were processed outside India.
Forex savings (saving foreign exchange)
Attracting foreign direct investment (FDI)
Creating job opportunities
Enhancing operational and logistics efficiency
an attract a significant portion of the container transshipment traffic currently diverted to ports in Colombo, Singapore, and Dubai.
Encourages various associated businesses such as ship repair services, crew change facilities, logistics value-added services, Warehousing among others.
Vizhinjam Port is located near Thiruvananthapuram, Kerala.
ndia’s first international deepwater transshipment port.
Adani Ports and SEZ Private Limited on a design, build, finance, operate and transfer (DBFOT) model.
e first greenfield port project to receive viability gap funding from the government of India.
e port offers large-scale automation for quick turnaround of vessels.
port is located just ten nautical miles from the international shipping route.
ort is designed to handle various types of cargo such as: Container transshipment Multi-purpose cargo and Break-bulk cargo.
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