Adani to invest 13000 cr in vizhinham port

 The Adani Group has announced a significant investment of ₹13,000 crore to advance the development of the Vizhinjam International Seaport in Kerala. This funding is part of a broader ₹20,000 crore commitment aimed at expanding the port's capacity and infrastructure. The investment will facilitate the completion of the port's second and third phases by 2028, increasing its capacity from the current 1 million TEUs to 4.5 million TEUS

Strategically located near major international shipping routes, Vizhinjam Port is poised to become India's premier transshipment hub, reducing the nation's reliance on foreign ports for container transshipment. The port's natural depth of up to 20 meters allows it to accommodate some of the world's largest container vessels, enhancing its competitiveness on the global stage.

This investment is part of the Adani Group's larger plan to invest ₹30,000 crore in Kerala over the next five years, which includes developments in logistics, e-commerce, and airport infrastructure. 

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