Vizhinjam Seaport Gets Customs Approval, Says Kerala Minister

17 Jun 2024 CW Team

Kerala Minister Ahmed Devarkovil announced that Vizhinjam International Seaport has received customs approval, marking a significant milestone in its development. This approval is a crucial step towards making the port operational and enhancing its capacity to handle international cargo.

The Vizhinjam International Seaport, located near Thiruvananthapuram, is poised to become a major hub for maritime trade, strategically positioned to attract transshipment traffic from major shipping routes. With customs clearance now secured, the port can streamline its operations, ensuring efficient handling and processing of goods.

The minister emphasized the importance of this approval in boosting the state's economic growth and its maritime infrastructure. The port is expected to significantly reduce logistics costs and time for exporters and importers, thereby enhancing the competitiveness of Indian trade on the global stage.

The Vizhinjam project, developed by Adani Ports and Special Economic Zone (APSEZ), has faced various challenges, including delays due to environmental concerns and protests. However, the recent customs approval marks a positive turn in its progress, bringing it closer to operational readiness.

Once fully operational, the port will have the capacity to handle mega ships, contributing to the decongestion of other major ports in India and promoting regional economic development. The project's completion is anticipated to generate employment opportunities and stimulate investment in the region.

The Kerala government is committed to expediting the remaining work to ensure the port becomes fully functional. The Vizhinjam International Seaport is set to play a pivotal role in India's maritime infrastructure, enhancing trade connectivity and supporting the country's economic ambitions.

Infrastructure Urban

30 May 2026

Dreamfly Named Among 100 Desi Deeptechs

Dreamfly Innovations has been recognised among the ‘100 Desi Deeptechs’, an initiative by Startup Policy Forum in collaboration with MeitY Startup Hub, Startup India and Indian Institute of Technology Madras. The initiative highlights founders and companies building core technologies critical to India’s long-term growth and self-reliance.The cohort includes startups working across drones and aerospace, defence technology, cleantech, robotics, semiconductors, advanced manufacturing and electric mobility. It aims to bring deeptech founders and policymakers together to strengthen India’s ..

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..