How Are We Sailing Towards a Stronger, Bolder India? - Gautam Adani
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Synopsis
Gautam Adani expresses profound gratitude towards PM Modi and CM Vijayan for their support in launching India’s first deep-sea automated port. This project is not just a port; it's a leap towards India’s bold maritime future. Join us as we explore the transformative impact of the Vizhinjam International Seaport.
Key Takeaways
- First deep-sea automated port in India.
- Investment of Rs 4,500 crore already made by Adani Group.
- Expected to reduce logistics costs by 30-40%.
- Plans to create over 5,000 jobs.
- Strategically located near busy maritime routes.
Thiruvananthapuram, May 2 (NationPress) Gautam Adani, the Chairman of the Adani Group, expressed his gratitude towards Prime Minister Narendra Modi and Kerala Chief Minister Pinarayi Vijayan for their invaluable support in establishing India’s first deep-sea automated port, envisioned as a future global transshipment hub. He remarked, together, “we sail towards a stronger, bolder India”.
Adani described this achievement as a victory of vision, resilience, and collaboration, during the dedication of the Vizhinjam International Deepwater Multipurpose Seaport, a project valued at Rs 8,900 crore.
“Today, at Vizhinjam, history, destiny, and opportunity converged as a 30-year-old aspiration of Kerala transformed into India’s gateway to the world,” he stated in a post on X.
“We take pride in having constructed India’s first deep-sea automated port, a prospective global transshipment hub. This is a victory of vision, resilience, and collaboration,” Gautam Adani emphasized.
The Adani Group Chairman further proclaimed, “Together, we sail towards a stronger, bolder India.”
The strategic Vizhinjam Port has been recognized as a priority project that will enhance India’s standing in global trade, improve logistics efficiency, and minimize dependence on foreign ports for cargo transshipment.
With a natural deep draft of nearly 20 metres and situated near one of the world’s busiest maritime trade routes, it significantly bolsters India’s position in global commerce.
“A historic day. I am thankful to the Central and State Governments, and the administration and residents of Kerala, particularly Thiruvananthapuram, for their backing in establishing this port as a symbol of India’s strategic and bold maritime ambitions,” remarked Karan Adani, Managing Director of Adani Ports and SEZ Ltd (APSEZ), on X.
The port is anticipated to drastically reduce logistics costs for Indian manufacturers by 30-40 percent, thereby elevating the country's export competitiveness.
With aspirations to scale capacity to 5 million TEUs by 2028 utilizing cutting-edge technology, the port is poised to play a pivotal role in India’s maritime infrastructure.
In close collaboration with the state and central governments, the Adani Group has already invested over Rs 4,500 crore in the Vizhinjam International Seaport initiative. They plan to inject an additional Rs 20,000 crore in the forthcoming phases of the project, generating over 5,000 jobs and propelling the local economy to new heights.
Point of View
I believe that the development of the Vizhinjam International Deepwater Multipurpose Seaport is a significant milestone for India. It embodies the collaborative spirit between the central and state governments and the private sector, showcasing our commitment to enhancing global trade and maritime infrastructure. This project not only strengthens our economy but also places India firmly on the global shipping map.
NationPress
22/05/2025
Frequently Asked Questions
What is the significance of the Vizhinjam Port?
The Vizhinjam Port is significant as it is India's first deep-sea automated port, expected to enhance global trade, improve logistics efficiency, and reduce reliance on foreign ports for cargo transshipment.
How much has the Adani Group invested in the port project?
The Adani Group has invested over Rs 4,500 crore in the Vizhinjam International Seaport project and plans to invest an additional Rs 20,000 crore in future phases.
What are the expected benefits of the Vizhinjam Port?
The port is anticipated to lower logistics costs for Indian manufacturers by 30-40% and create more than 5,000 jobs, bolstering the local economy.
When is the port expected to reach full capacity?
The port plans to scale its capacity to 5 million TEUs by 2028, utilizing the latest technology.
Who supported the development of the Vizhinjam Port?
The development of the Vizhinjam Port received support from Prime Minister Narendra Modi and Kerala Chief Minister Pinarayi Vijayan, along with the local administration and residents.
