NEWS DETAILS

Date: 30/01/2025

Vizhinjam to be transformative for India’s maritime sector: Minister

Vizhinjam is poised to become India’s largest port within the next decade, setting a new benchmark in the nation’s maritime and port trade, said Mr K. N. Balagopal, Kerala’s Finance Minister, while speaking at the Vizhinjam Conclave 2025 and Global Investment Summit, organised by the Kerala State Industrial Development Corporation in association with Trivandrum Chamber of Commerce and Industry here. He emphasised the port’s transformative potential in establishing India as a significant player in the global shipping and logistics market. 
 
The Minister hailed Vizhinjam as a game-changer for India’s maritime sector, underscoring its natural deep-water capabilities, with depths ranging from 18 to 25 metres, and its proximity to international shipping lanes, which allow it to accommodate the world’s largest vessels. He highlighted Vizhinjam’s role in propelling Kerala toward becoming a $1 trillion economy, supported by the state’s robust infrastructure, as per a report. 
 
Source; Exim News Service: Thiruvananthapuram, Jan. 29