Vizhinjam Port Aims for Lowest Logistics Costs: Karan Adani

Karan Adani, the Managing Director of Adani Group's ports business, on Friday said they aim to make the just-launched Vizhinjam International Deepwater Multipurpose Seaport the most efficient port and help traders reduce their logistics costs.

- TBG NETWORK

The Prime Minister dedicated to the nation on Friday the Vizhinjam International Deepwater Multipurpose Seaport, the country's first dedicated container transshipment port.

Karan Adani, MD, Adani Ports and SEZ, said they expect Phase 2 of the seaport in Kerala to be completed by 2028. The work for Phase 1 of the seaport is now complete.

Vizhinjam Port will reduce reliance on foreign ports for cargo transshipment. Its natural deep draft of nearly 20 meters and location near one of the world's busiest sea trade routes further strengthen India's position in global trade.

The seaport's current capacity is 1.2 million twenty-foot equivalent units (TEUs), and the aim is to increase it to 5 million TEUs by 2028.