In Thiruvananthapuram, Kerala, PM Narendra Modi opens Adani's ₹8,867 crore Vizhinjam seaport

The project, which was constructed by Adani Ports and Special Economic Zone Ltd (APSEZ), is considered as the first deep-water container transshipment port in India.
India’s first deep-water container port is expected to boost its role in global shipping.
A landlord model with a Public-Private Partnership component is used to construct Vizhinjam Port on a design, build, finance, operate, and transfer basis.
With an annual capacity of up to 5 million TEUs, the ₹8,867 crore facility started operations in July and has so far handled around 250 container ships. The project is anticipated to receive about ₹8,500 crore in extra funding to threefold its cargo handling capacity.
International shipping lines are relatively near to the port. The Vizhinjam port is anticipated to accommodate bigger cargo ships with drafts of 20 meters or more because to its natural depth of up to 20 meters. Bloomberg claims that these ships were docking in Singapore, Dubai, and Colombo instead of Indian ports.
If ships that were previously traveling through the capital of Sri Lanka, Colombo, decide to use the port in Kerala instead of the island country, the initiative can also reduce shipping expenses. For goods going to important markets including the US, Europe, Africa, and East Asia, the port can also serve as a transshipment center.
Vizhinjam port will be crucial to India's foreign commerce, according to Afaq Hussain, head of the consulting Bureau of Research on Industry and Economic Fundamentals, located in New Delhi, who spoke to Bloomberg. "The port will be crucial in lowering supply chain risks for Indian exports and imports, especially considering the nation's expanding trade volumes with the international market.
PM Modi will also travel to Andhra Pradesh where he will lay the cornerstone of open development projects in Amaravati valued at more over Rs 58,000 crore. These are a number of infrastructural projects. This includes the dedication of many railway connecting projects and the opening of seven National Highway projects.
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