How Do We Sail Toward a Stronger, Bolder India? - Gautam Adani

Synopsis
Gautam Adani shares his gratitude towards government leaders for their support in establishing India’s first deep-sea automated port, a pivotal project aimed at enhancing India's global trade position. This significant investment promises to create jobs and boost local economies, steering the nation toward a vibrant maritime future.
Key Takeaways
- Vizhinjam Port is India's first deep-sea automated port.
- It is projected to reduce logistics costs by 30-40%.
- Over 5,000 jobs will be created through this project.
- The port aims to enhance India's global trade position.
- Investment from the Adani Group is expected to exceed ₹20,000 crores.
Thiruvananthapuram, May 2 (NationPress) Gautam Adani, Chairman of the Adani Group, expressed his gratitude towards Prime Minister Narendra Modi and Kerala Chief Minister Pinarayi Vijayan for their unwavering support in the establishment of India’s inaugural deep-sea automated port, envisioned as a global transshipment hub. He emphasized that together, “we sail toward a stronger, bolder India.”
During the dedication of the Vizhinjam International Deepwater Multipurpose Seaport, valued at Rs 8,900 crore, Gautam Adani described this achievement as a victory of vision, resilience, and collaboration.
“Today, at Vizhinjam, history, destiny, and possibility converge as a 30-year-old aspiration of Kerala transforms into India’s gateway to the global market,” he remarked in a post on X.
“We take pride in constructing India’s first deep-sea automated port, a future global transshipment hub. This signifies a triumph of vision, resilience, and partnership,” he continued.
The Adani Group Chairman reiterated, “Together, we sail toward a stronger, bolder India.”
With strategic significance, Vizhinjam Port has been designated a priority project, poised to strengthen India’s global trade position, enhance logistics efficiency, and decrease dependency on foreign ports for cargo transshipment.
Its natural deep draft of nearly 20 metres and its strategic location near one of the busiest maritime trade routes further bolster India’s role in global commerce.
“A historic day. I am thankful to the Central and State Governments, as well as the administration and people of Kerala, especially Thiruvananthapuram, for their support in establishing this port as a symbol of India’s strategic and bold maritime aspirations,” stated Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ), in a post on X.
The port is projected to significantly reduce logistics costs for Indian manufacturers by 30-40%, thereby enhancing the nation’s export competitiveness.
With plans to boost capacity to 5 million TEUs by 2028 utilizing the latest technology, this port is set to play a pivotal role in India’s maritime infrastructure.
In collaboration with state and Central governments, the Adani Group has already invested over Rs 4,500 crore in the Vizhinjam International Seaport project, with expectations to invest an additional Rs 20,000 crore in future phases. This initiative is anticipated to generate over 5,000 jobs and uplift the local economy significantly.