Vizhinjam International Seaport is now open in India. Karan Adani says it will handle all Indian transshipment cargo within a year. The goal is to cut logistics costs by 30 percent. The port aims to reduce reliance on foreign ports like Singapore and Dubai. APSEZ is also looking at expansion in Southeast Asia and East […]
All Indian ships will be transshipped from Vizhinjam port within a year: Karan Adani
Adani’s Vizhinjam port set to triple capacity in second phase boosting India’s maritime prowess
6 months ago
Prime Minister Modi launched the second phase of Adani Group’s Vizhinjam port in Kerala, a project set to attract $1.1 billion in additional investment and triple capacity. Strategically located near key shipping routes, the port aims to reduce India’s reliance on foreign ports like Colombo and boost cargo movement across Adani’s network, potentially transforming India’s […]
PM Modi inaugurates Rs 8,900 crore Adani-built Vizhinjam Port to boost India’s presence in trade routes
6 months ago
Prime Minister Modi inaugurates the Vizhinjam International Seaport in Kerala, India’s first transshipment hub, built with an investment of Rs 8,867 crore. Strategically located near major shipping routes, it aims to reduce reliance on foreign ports and rival Colombo and Dubai. The port features advanced infrastructure and AI-powered systems, marking a new era in India’s […]
Narendra Modi will inaugurate the Vizhinjam International Seaport in Kerala on Friday. This marks a significant step for India’s maritime presence. Adani Ports built the deep-sea port with government partnership. The project cost Rs 8,867 crore. Security is heightened after recent terror attacks. Opposition leaders are likely to boycott the event. They criticize organizers for […]
Panagariya said the US-China economic conflict, especially in trade, is here to stay, indicating gains for India. If Washington imposes higher trade curbs on Vietnam and Cambodia to prevent China from potentially using these countries to supply its goods to the US, India’s trade prospects will brighten further, he indicated.
India and the UK are set to include an Investor-State Dispute Settlement (ISDS) mechanism in their upcoming investment treaty, sources told Reuters. This provision allows companies to sue either government if policy changes are seen to harm their investments or profits.
The US imposed tariffs on Indian imports, starting with 10% on April 5, 2025, escalating to 26% before a 90-day suspension on specific tariffs from April 10. As India and the US negotiate a trade deal, Indian exporters, particularly in sectors like machinery, pharmaceuticals, and textiles, face potential financial impacts.
India’s total exports reached a record $824.9 billion in FY25, driven by a surge in services exports, according to the commerce and industry ministry. Services exports hit a historic high of $387.5 billion, marking a 13.6% increase from the previous fiscal year. Despite global challenges, merchandise exports excluding petroleum also saw a record increase.
India is seeking to increase fertiliser imports from the US to reduce reliance on countries like China and address the trade imbalance with Washington. While overall fertiliser imports decreased in 2024-25, shipments from Russia and China saw significant declines. The US has raised concerns about the growing trade deficit with India, leading to ongoing negotiations […]
Vizhinjam seaport set to be commissioned by PM Modi
6 months ago
Prime Minister Narendra Modi commissions the Vizhinjam International Seaport, positioning Kerala as a key player in global maritime trade. Developed by Adani Ports under a public-private partnership, the port aims to reduce India’s reliance on foreign transshipment hubs like Colombo. Vizhinjam, India’s first dedicated transshipment port, boasts advanced technology and strategic location, attracting major shipping […]