Adani's Vizhinjam Port gets nod to run as India's first transshipment hub

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27-Apr-24

The Centre has given sanction to Adani’s Vizhinjam Port in Kerala to operate as a transshipment port -- a first for the country. A transshipment port is a crucial hub where cargo is transferred from one big vessel to several smaller ones before they reach the final port of discharge.

It will now help India in its ambition to become a manufacturing hub.
Approximately 75 per cent of India’s transshipment cargo is currently processed at ports overseas, with destinations such as Colombo, Singapore, and Klang handling about 85 per cent of this cargo.
The proposal to designate it as a customs-notified port has also been made.

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