New seaport at Vizhinjam to reduce India’s logistics costs by 30%
Indian PM Narendra Modi recently commissioned the Vizhinjam International Seaport in Kerala that was completed at an estimated cost of $1.05 billion. All transshipment cargo of the country will be handled from the seaport within a year. The aim is to reduce India’s logistics cost by 30 per cent by increasing efficiency and cut turnaround time. Adani Ports and Special Economic Zone built the port.
Indian PM Narendra Modi recently commissioned the Vizhinjam International Seaport in Kerala that was completed at an estimated cost of $1.05 billion.
All transshipment cargo of the country will be handled from the seaport within a year.
The aim is to reduce India’s logistics cost by 30 per cent by increasing efficiency and cut turnaround time.
Adani Ports and Special Economic Zone built the port.
