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Adani Ports opens Vizhinjam deep-sea port for business
Daily FT
|May 03, 2025
India will reduce dependence on foreign ports like Colombo and Dubai Exporters will benefit from 30-40% lower shipping costs
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AFTER over three decades of delays and hurdles, the long-awaited Vizhinjam International Deepwater Seaport was officially inaugurated by Prime Minister Narendra Modi yesterday.
Built by Adani Ports and SEZ Ltd., this strategic port in Kerala is set to be a game-changer for India’s maritime trade.
The project’s origins date back to 1991, with failed attempts to kickstart it in 1995, 2004, 2008, and 2010. It wasn’t until 2015 that a break-through came, when the Kerala Government signed a PPP agreement with Adani Ports, granting the company a 40-year concession.
This story is from the May 03, 2025 edition of Daily FT.
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