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HomeIndiaPM Modi inaugurates Vizhinjam Port: 'Event will give sleepless nights to many'

PM Modi inaugurates Vizhinjam Port: ‘Event will give sleepless nights to many’

Thiruvananthapuram: Prime Minister Narendra Modi on Friday inaugurated the Vizhinjam International Seaport in India, which is the country’s first transsphipment hub. PM Modi said that in the future coastal cities will be center of India’s economic growth. He lauded the Adani Group for building the Vizhinjam Port.

Built at a cost of around Rs 8,867 crore by the Adani Ports and Special Economic Zone Ltd (APSEZ), in partnership with the government under a public-private model, it is expected to significantly boost India’s presence in global shipping and trade routes.

Here’s what PM Modi said at the inaugural event of the Vizhinjam Port:

PM Modi mentioning the presence of Kerala CM Pinarayi Vijayan and Congress leader Shahshi Tharoor in the opening event said that this will leave many sleepless, hinting at the leaders of the INDIA bloc.

“The full potential of the port economy is realized when infrastructure development and ease of doing business are prioritized and promoted. Over the past decade, this approach has been the cornerstone of the government’s port and waterways policies. Significant strides have been made in advancing industrial activities and driving the holistic development of the state.”

“Before the era of slavery, India flourished with prosperity for thousands of years. At one point, it held a significant share of the global GDP. What set India apart from other nations during that time was its impressive maritime capabilities and the thriving economic activity in its port cities. Kerala, in particular, played a major role in this success.”

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