Adani’s Vizhinjam Port Approved as India’s First Transshipment Hub

Adani Group’s Vizhinjam Port in Kerala has received approval from the government to operate as India’s inaugural transshipment port. This designation is significant as it allows cargo to be transferred from large vessels to smaller ones, contributing to India’s goal of becoming a manufacturing hub. Presently, a substantial portion of India’s transshipment cargo is handled by ports abroad, such as those in Colombo and Singapore. Key Highlights Government Approval for Transshipment…
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Source: https://currentaffairs.adda247.com/adanis-vizhinjam-port-approved-as-indias-first-transshipment-hub/amp/