2 weeks ago

Kerala's Vizhinjam Port Enters New Phase With EXIM Operations

Kerala's Vizhinjam Port Enters New Phase With EXIM Operations
Kerala's Vizhinjam Port Enters New Phase With Full-Fledged EXIM Operations · timesnownews.com

Vizhinjam Port in Kerala has started handling full export and import operations.

This means goods can move through the port as part of international trade.

India is developing its maritime infrastructure.

The country also wants to keep more of the money created by international trade.

Vizhinjam is close to important shipping routes.

Its size allows it to handle some very large container ships.

This could make it an important entry and exit point for goods in southern India.

The port may become a significant gateway for cargo traveling to and from the region.

Key facts

Development
Commencement of full-fledged EXIM operations
Location
Kerala, India
Strategic aim
Strengthen India's maritime infrastructure
Economic aim
Retain a larger share of value generated by international trade
Location advantage
Proximity to major shipping routes
Vessel capacity
Can accommodate some of the world's largest container vessels
Potential role
Gateway for cargo originating from and destined for southern India

Sources

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