Exploring the Development Opportunities of Vizhinjam Mother Port: A Strategic Gateway for Maritime Growth

Authors

  • Pooja Sasi V S Research Scholar PG Department of Commerce Government College Attingal Thiruvananthapuram
  • Adwaith Gopan Research Scholar Department of Economics Government College Attingal Thiruvananthapuram

DOI:

https://doi.org/10.33516/maj.v59i9.55-58p

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No Keywords.

Abstract

Vizhinjam is set to become India's largest mother port, capable of handling the world's largest ships and significantly increasing the country's maritime trade capacity. Its development will make it an important hub in the world's shipping network and lessen India's reliance on foreign ports for transshipment, like Colombo. Larger vessels and larger cargo quantities will be handled with the use of sophisticated infrastructure, which will simplify logistics and save costs for Indian importers and exporters. This extension would improve the robustness of India's maritime infrastructure, reduce congestion at ports like Cochin, and promote regional growth. Vizhinjam will become a top-tier port featuring substantial upgrades like deep-draft berths, cutting-edge container processing facilities, better connectivity, and rigorous security measures. These developments will attract worldwide trade, promoting Vizhinjam as a premier gateway for international merchandise. Simultaneously, it will drive economic growth and consolidate India’s pivotal place in foreign trade.

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Published

2024-11-13

How to Cite

V S, P. S., & Gopan, A. (2024). Exploring the Development Opportunities of Vizhinjam Mother Port: A Strategic Gateway for Maritime Growth. The Management Accountant Journal, 59(9), 55–58. https://doi.org/10.33516/maj.v59i9.55-58p

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Section

Cover Story

References

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