By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sign In
Latest World News UpdateLatest World News UpdateLatest World News Update
Notification Show More
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Reading: Vizhinjam to emerge as India’s biggest Port: Kerala Finance Minister – World News Network
Share
Latest World News UpdateLatest World News Update
Font ResizerAa
Search
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Live Streaming
  • Legal Talk
Have an existing account? Sign In
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > National > Vizhinjam to emerge as India’s biggest Port: Kerala Finance Minister – World News Network
National

Vizhinjam to emerge as India’s biggest Port: Kerala Finance Minister – World News Network

worldnewsnetwork
Last updated: January 28, 2025 12:00 am
worldnewsnetwork
Share
4 Min Read
SHARE

Thiruvananthapuram (Kerala) [India], January 28 (ANI): Kerala Finance Minister KN Balagopal on Tuesday announced that Vizhinjam is set to become India’s largest port within the next decade, establishing a new benchmark in the nation’s maritime and port trade.
Speaking at the Vizhinjam Conclave 2025 and Global Investment Summit held at the Hyatt Regency on Tuesday, he emphasized the port’s transformative potential in positioning India as a significant player in the global shipping and logistics market.
Organised by the Kerala State Industrial Development Corporation (KSIDC), Invest Kerala, Vizhinjam International Seaport, and the Trivandrum Chamber of Commerce and Industry, the summit brought together key stakeholders to discuss the port’s strategic importance.
The Minister hailed Vizhinjam as a game-changer for India’s maritime sector, highlighting its natural deep-water capabilities, with depths ranging from 18 to 25 meters, and its proximity to international shipping lanes, enabling it to accommodate the world’s largest vessels. Currently capable of handling one million twenty-foot equivalent units (TEUs), the port is expected to expand its capacity to 6.2 million TEUs in the future. With this growth, Vizhinjam is projected to handle 15 percent of India’s container transshipment, challenging the dominance of ports like Colombo and Dubai.
He further underlined Vizhinjam’s role in driving Kerala towards becoming a $1 trillion economy, supported by the state’s robust infrastructure, including air connectivity through four international airports, two major seaports, and 17 minor ports, as well as a vast inland navigation network.
Efforts to complement the port’s development include plans by the Kerala Maritime Board and private stakeholders to establish logistics parks and modernize existing ports. An outer growth corridor spanning 70 kilometers from Vizhinjam to Navaikulam will house industrial clusters with plug-and-play infrastructure to attract investors.
Industries Minister P Rajeeve, who also addressed the gathering, described Vizhinjam as the new gateway to India. Highlighting Kerala’s productivity despite its limited land area–accounting for only 1.16 per cent of the country’s geographical size while contributing 4 percent to the national GDP–he outlined plans for a large-scale outer area growth corridor. The project aims to address land constraints by pooling resources to create residential, commercial, and industrial zones, ensuring a conducive environment for investors through seamless collaboration between political leadership, bureaucracies, and the industrial sector.
MP Shashi Tharoor termed the realisation of the Vizhinjam International Seaport as a historic moment, noting that Vizhinjam has been a bustling port since the Sangam period in the fourth century. He added that the addition of a cruise terminal would elevate Vizhinjam’s status beyond a transshipment hub, turning it into a major tourism destination.
This development, he said, would benefit not only Kerala but also the southern tip of Tamil Nadu, enabling local products and services to reach global markets and fostering the growth of industries in the region.(ANI)


Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

For first time in history of Assam, Legislative Assembly session being held outside Guwahati at Bodoland – World News Network

BJP MPs, other VIPs continue to arrive at ongoing Mahakumbh Mela – World News Network

BJP’s Shahnawaz Hussain criticizes Lalu Yadav for politicizing Delhi railway station stampede – World News Network

Union Min Jitendra Singh urge public not to panic, says “experts keeping close watch” after earthquake jolts in Delhi-NCR – World News Network

“BJP should decide whether they are running the government or not”: Atishi – World News Network

Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article Events like Mahakumbh fell prey to ‘mismanagement and disorder’ during previous regimes, says CM Yogi – World News Network
Next Article US temporarily suspends aid to Pakistan; several projects on pause – World News Network
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

- Advertisement -

Latest News

“This film was a special one”: Sidharth Malhotra celebrates 7 years of ‘Aiyaary’ – World News Network
Entertainment February 17, 2025
Sivakarthikeyan’s next with AR Murugadoss titled ‘Madharasi’ – World News Network
Entertainment February 17, 2025
WPL 2025: Renuka, Mandhana shine as RCB ease past DC by eight wickets – World News Network
Sports February 17, 2025
‘Sonic the Hedgehog 3’ gets OTT release date – World News Network
Entertainment February 17, 2025

Sports

Unpredictable Pakistan riding on momentum following historic series win ahead of CT25, will miss injured ‘X Factor’ batter – World News Network
Sports
Delhi Open: France’s Kyrian Jacquet secures men’s singles title days after triumph in Chennai – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Kylie Jenner, Timothee Chalamet flaunt PDA at BAFTA Awards – World News Network
Entertainment
‘The Man From Nowhere’ actor Kim Sae-ron passes away at 24 – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Follow US
Copyright © 2023 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?