Business

Vizhinjam Port Launches Full EXIM Operations: Why It Matters For Kerala’s Economy

Kerala’s Vizhinjam International Seaport will likely enter a new phase on Tuesday as the deep-water port formally begins full-fledged export-import operations, marking a potentially transformative moment for the state’s economy and its ambition to become a major logistics and manufacturing hub.

Chief Minister VD Satheesan will flag off the first export container at 10:45 AM, with Union Ports, Shipping and Waterways Minister Sarbananda Sonowal as the chief guest.

The ceremony will mark Vizhinjam’s transition from a predominantly transhipment facility into a commercial gateway connecting Kerala’s exporters directly with global markets.

Operated by Adani Ports, Vizhinjam has a natural depth of 20-24 metres, allowing it to accommodate some of the world’s largest container vessels.

Located barely 10 nautical miles from the international East-West shipping corridor, the port has, however, long been projected as a facility capable of reshaping India’s maritime logistics map.

The port demonstrated its new EXIM capability during a trial run by shipping the first export container to Valencia, Spain.

Exporters who currently route consignments to western markets via Colombo, Singapore, or Dubai will now have the option to move cargo directly through Vizhinjam, potentially reducing transit times and logistics costs.

Agricultural produce, spices, cashew, marine products, handloom and textile exporters are among Kerala’s small and medium enterprises expected to benefit.

Mission Samudra and Economic Expansion

The state government is, however, launching Mission Samudra, a port-led industrial and logistics development programme built around the Port City concept.

The vision includes a wider Vizhinjam Maritime Economic Region featuring eight industrial clusters, three new cities and Kerala’s 600-km coastline as its economic hinterland.

A Rs 400-crore catalytic fund will support ports and connectivity, logistics development, clusters and cities, programme management and capacity building through 14 sub-schemes.

Officials expect it to leverage more than ten times the public investment by 2031 through private participation.

The EXIM operations will likely drive demand for warehouses, cold-storage facilities, container freight stations and logistics parks, creating employment across Thiruvananthapuram and neighbouring districts.

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Md Shadan Ayaz

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