2 weeks ago

Vizhinjam Port Begins EXIM Operations as India’s Global Trade Gateway

Vizhinjam Port Begins EXIM Operations as India’s Global Trade Gateway
Vizhinjam Port Commences EXIM Operations, Opens New Gateway for India’s Global Trade · republicworld.com

Vizhinjam Port in Kerala has started handling goods that India sends abroad and receives from other countries.

It will also continue moving containers between international shipping services.

The port is close to major shipping routes, so ships can reach it efficiently.

The new service may reduce India’s dependence on foreign ports for transferring containers.

Businesses in Kerala, Tamil Nadu and Karnataka can use the port more directly.

The port has already handled more than 2.28 million containers and 1,100 ships.

A planned expansion will add more berths, rail links, roads and logistics facilities.

The expansion is expected to increase the port’s yearly capacity to 5.7 million containers.

It is also expected to create more than 5,000 direct and indirect jobs.

Key facts

Port
Vizhinjam International Seaport
Existing throughput
More than 2.28 million TEUs and 1,100 vessels handled since commercial operations began
Largest vessel handled
MSC Irina, a 399.99-metre vessel with capacity for 24,346 TEUs
Initial EXIM catchment
Kerala, Tamil Nadu and Karnataka
Cumulative investment
₹30,000 crore after the planned Phase 2 investment
Phase 2 cost
₹16,000 crore
Target completion
Accelerated full-phase development targeted for December 2028

Quotes

V.D. Satheesan

Chief Minister of Kerala

“It is a proud moment for us and Vizhinjam is now a gateway to the world.”
republicworld.com

Ashwani Gupta

CEO of Adani Ports and Special Economic Zone Ltd.

“It is the opening of a new gateway connecting Kerala's talent, India's enterprise and the aspirations of millions to global markets.”
republicworld.com

Sources

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