‘Together, we sail towards a stronger, bolder India': Gautam Adani on Vizhinjam Port
NEW DELHI:
Gautam Adani
, chairman of the
Adani Group
, expressed his gratitude towards
Prime Minister Narendra Modi
and
Kerala chief minister Pinarayi Vijayan
for their support in the development of India's first
deep-sea automated port
, the
Vizhinjam International Deepwater Multipurpose Seaport
. Adani called the port a significant step towards making India a stronger and bolder nation.
Speaking after Prime Minister Narendra Modi dedicated the Rs 8,900 crore port to the nation, Adani described the project as a combination of vision, resilience, and collaboration. "Today, at Vizhinjam, history, destiny, and possibility came together as a 30-year-old dream of Kerala became India's gateway to the world,' Adani said in a post on X. He added, 'We are proud to have built India's first deep-sea automated port.
A future global transshipment hub. This is a triumph of vision, resilience, and partnership.'
— gautam_adani (@gautam_adani)
The strategic Vizhinjam port is expected to play a key role in strengthening India's position in global trade. Its location near one of the busiest sea trade routes, combined with a natural deep draft of nearly 20 metres, ensures that it will be pivotal in reducing India's reliance on foreign ports for cargo transshipment.
Karan Adani, managing director of Adani Ports and SEZ Ltd (APSEZ), also praised the joint efforts of the Central and state governments, as well as the administration and people of Kerala. "A historic day. Grateful to the Central and State Governments, and the administration and people of Kerala, especially Thiruvananthapuram, for their support in making this port stand as a testament to India's strategic and bold maritime ambitions," Karan Adani posted on X.
The new port is expected to reduce logistics costs for Indian manufacturers by 30-40 per cent, significantly enhancing the country's export competitiveness. With a capacity increase planned to 5 million TEUs (Twenty-foot Equivalent Units) by 2028, the port is set to become a key player in India's maritime infrastructure.
The Adani Group, in collaboration with both the central and state governments, has already invested over Rs 4,500 crore in the Vizhinjam project. Further investment of Rs 20,000 crore is expected in the upcoming phases, creating more than 5,000 jobs and significantly boosting the local economy.
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