The Adani Group has announced plans to invest an additional Rs 20,000 crore to complete the remaining phases of the Vizhinjam International Seaport in Kerala. This port, the first transshipment port in India, is being developed by Adani Ports and Special Economic Zone Ltd (APSEZ) under a public-private partnership model at a total cost of […]
Adani Group to invest Rs 20,000 crore in Vizhinjam port’s remaining phases
Vizinjham port will reduce time, logistics cost for Indian manufacturers: APSEZ CEO Karan Adani
1 year ago
Adani Ports and SEZ CEO Karan Adani announced that the Vizinjham port will significantly cut down logistics costs and time for Indian manufacturers by up to 40%. This milestone follows the arrival of the first mother ship at the port, marking India’s entry into global transshipment. The port’s advanced facilities, including automated operations and modern […]
Adani Group and India make history with the arrival of the San Fernando cargo ship at Kerala’s Vizhinjam International Sea Port. The port, a key player in global trade routes, marks India’s entry into global transshipment. Adani Ports plans to invest $1.2 billion to boost the port’s capacity, positioning it as a world-class transshipment hub.
Both sides identified several areas of focus for enhancing both bilateral trade as well as mutually beneficial cooperation sectors.
The UK’s new government is expected to push for a renewed push for the proposed free trade agreement (FTA) between India and the UK, aiming to promote service exports and deepen cooperation in areas like security, education, technology, and climate change. Experts suggest that a comprehensive FTA with the UK would deliver win-win results for […]
Budget Expectations: The US-India Tax Forum urges tax parity, corporate tax reform, and customs duty adjustments for Budget 2024-25. Essential proposals include capital gains tax changes, infrastructure investment, and sustainable development. The 350-member Forum stresses TDS/TCS tech use and ease of business. FM Nirmala Sitharaman will present her sixth Budget on July 23, during the […]
The investment in the first-of-its-kind Vizhinjam port in the state of Kerala is part of the second phase of the project that is expected to finish by 2028, said people familiar with the Adani Group’s plans who did not want to be identified as the details are not announced.
San Fernando, container ship from China, docks at India’s largest transhipment port in Kerala
1 year ago
San Fernando, a 300-meter-long cargo ship, will offload 1,900 containers at VISL on Friday, with Chief Minister Pinarayi Vijayan launching the port’s first phase of operations.