Vizhinjam will keep KL at heart of global trade

PRIME Minister Narendra Modi on Friday dedicated the ₹ 8,700-crore Vizhinjam International Seaport-India's first deep-water, multipurpose port-to the nation at a grand ceremony held in Thiruvananthapuram.

- EXPRESS NEWS SERVICE @T'Puram

Touting Vizhinjam as a gateway to global maritime trade, Modi said the port marks a major step forward for India's transshipment capabilities and economic self-reliance.

"This port will unlock immense economic potential and place Kerala at the heart of global trade routes," he said.

Calling Vizhinjam a symbol of "new-age development," the Prime Minister described it as a confluence of natural beauty and strategic potential. "The capacity of this transshipment hub will triple in the coming years, allowing the world's largest cargo ships to dock here," he said.

"Until now, 75% of India's transshipment took place in foreign ports-leading to substantial revenue loss. That is now set to change."