India approves construction of major port valued to improve trade with Europe

It is designed to house terminals that can handle "mega-ships" as well as specialized oil facilities.

Share on social networks

La construcción de gran puerto

The Indian government has approved a project to develop the construction of a large deepwater port, with the intention of strengthening trade relations with Europe, through maritime routes via the Middle East. This project is valued at approximately US$9.14 billion and will be built on the west coast of the country, about 150 kilometers from Mumbai.

Large port construction in India

This new port, called Vadhavan, is designed to accommodate terminals that can handle “mega-ships” as well as specialized facilities for oil, automobiles and other imports. The Minister, Ashwini Vaishnaw, informed that the port will have an annual capacity annual capacity of 298 million metric tons. Construction will be carried out in two phases, with the first scheduled for completion in 2029.

According to Vaishnaw, the Vadhavan port will be a key component of the India-Middle East corridor, a strategic plan unveiled in September during the G20 summit in New Delhi. This corridor aims to improve trade routes between India and Europe, facilitating a more efficient flow of goods.

In addition, the minister emphasized that this development will strengthen transportation infrastructure, while acting as an important catalyst for future economic growth, creating new business and job opportunities in the region.

La energia geotermica en
Avances y desarrollo en Robot Humanoide GR 1
La seguridad y colaboracion del robot humanoide Apollo de Apptronik
Empresa de reciclaje crea robot con IA para optimizar el proceso de reciclaje 1
Misiones a Marte en riesgo por contraccion renal de astronautas
Researchers find potential source of geothermal energy in Texas
Fourier moves forward with GR-1 Humanoid Robot and environmental sensing technology
Apollo humanoid robot under evaluation by Apptronik and GXO for use in warehouses and logistics
Company creates AI-powered robot to optimize recycling process
Mars missions at risk due to astronauts’ kidney contraction
PlayPause
previous arrowprevious arrow
next arrownext arrow
 

Follow us on social networks and don’t miss any of our publications!

YouTube LinkedIn Facebook Instagram X

Source: MarineLink

Photo: Shutterstock

Share this news on your social networks

Rate this post
1 star2 stars3 stars4 stars5 stars (No rating yet)
loading spinnerLoading...