₹16,000-Crore Vizhinjam Port Expansion To Boost Annual Capacity To 5.7 Million TEUs & Create 5,000 Jobs

Thiruvananthapuram witnessed the commencement of full-fledged Export-Import (EXIM) operations at Vizhinjam International Seaport. The Rs 16,000-crore Phase 2 expansion of the port will significantly boost its annual capacity to 5.7 million TEUs (twenty-foot equivalent units), adding 1,200 metres of container berth and providing permanent rail connectivity, improved road connectivity, logistics parks, warehousing and other supporting infrastructure.

The accelerated development is slated for completion by December 2028. This expansion is expected to generate more than 5,000 direct and indirect jobs, creating new opportunities within the maritime and logistics ecosystem.

Ashwani Gupta, the Chief Executive Officer (CEO) and Whole-time Director of Adani Ports and Special Economic Zone Ltd (APSEZ), highlighted that Vizhinjam International Seaport has transitioned from a high-performing transshipment hub to a gateway for Indian trade and global markets. This expansion will not only facilitate cargo movement between international shipping services but also contribute to India's aspirations for self-reliance, global competitiveness, and maritime leadership.

The Vizhinjam project is a crucial part of the Adani Group's commitment to Kerala and its infrastructure-led growth. The cumulative investment by the Group in this project is now Rs 30,000 crore, making it the largest investment made by any business house in the state. This significant investment showcases the Group's role in expanding critical infrastructure, strengthening connectivity, and fostering a more conducive environment for business and investment in Kerala.

The shift to EXIM operations at Vizhinjam will have broader implications for India's maritime trade. It can help reduce reliance on overseas transshipment hubs, shorten transit times, and improve supply chain efficiency. The government has allocated ₹3,200 crore for land acquisition for the Ring Road, while private investment discussions have already begun.

The significance of Vizhinjam extends to India's maritime competitiveness. Currently, more than 75% of India's container transshipment cargo is handled through foreign ports, leading to added logistics costs and increased transit time. The EXIM operations at Vizhinjam will help address this structural dependence and strengthen India's ability to retain greater value from its maritime trade.