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India's First Transhipment Port: Vizhinjam Port in Kerala
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India's first transhipment port, the Adani Group's Vizhinjam port in Kerala, has become operational, ending China's dominance in the maritime sector and reducing India's losses.
The port is strategically located at the southern tip of Kerala, near the border of Tamil Nadu and Kanyakumari.
The project was initiated in 2015 by Adani Ports and Special Economic Zone Ltd.
It faced several challenges, including protests from religious groups in Kerala.
The port is now complete and operational.
Vizhinjam port is located at the southernmost tip of Kerala, India, which makes it a strategic location for ships traveling between the Suez Canal and the Malacca Strait.
This location advantage eliminates the need for ships to deviate from their course, saving time and fuel.
Vizhinjam port has the potential to become a major transhipment hub, similar to Singapore, Shanghai, Shenzhen, Busan, and Hong Kong.
The port's strategic location can significantly contribute to India's global sea trade.
India is now able to accommodate ultra-large container ships, which was not possible before.
The government's Maritime India Vision 2030 aims to develop world-class mega ports, transshipment hubs, and modernized infrastructure with an investment of 1.25 lakh crore.
India is positioning itself as an alternative manufacturing destination to China.
Efficient transportation plays a crucial role in manufacturing, and the lack of transshipment ports and large ports in India has increased logistics and shipping costs.
By developing these capabilities, India can reduce its logistic and shipping costs, making its goods more competitive in the global market.
Vizhinjam International Seaport is set to become India's premier mother port, surpassing even Singapore.
The port aims to handle 1 million containers annually, exceeding the capacity of Singapore's port.
The port incorporates advanced automation and technology, reducing turnaround time for loading and unloading ships.
The port's strategic location along the Malacca Strait and Suez Canal shipping routes makes it attractive to the world's largest container ships.
The international shipping route passes through the Indian Ocean, and 30% of global cargo traffic goes through this route.
India can benefit significantly by developing the Vizhinjam port, which has a natural channel of up to 24 meters below sea level, allowing large ships to enter.
India's Plan to Improve Port Infrastructure and Compete with China
India's plan to improve its infrastructure and compete with China includes developing its port infrastructure.
The first step in this plan is the construction of the Vizhinjam port, India's first deep-water port.
Other major projects include the Great Nicobar Project and the development of transshipment ports in the Andaman and Great Nicobar Islands.
A new port is being built near the Malacca Strait with an estimated cost of around 41,000 crores.
Eleven companies have expressed interest in building the port, which will have an ultimate capacity of 16 million containers per year.
The first phase of the port is expected to be completed by 2028 at a cost of 18,000 crores and will be able to handle over 4 million containers.
The Great Nicobar Project is also mentioned as another significant development in India's port infrastructure.
The Adani Group's development of the Vizhinjam port is considered a game-changer for India, as it is the country's largest port to date.
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