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India’s Biggest Port, Vadhavan Port, Will Be Among The World's Top 10 Container Ports! Stunning Facts You Shouldn't Miss

TOI Business Desk
| TIMESOFINDIA.COM | Last updated on - Jul 12, 2024, 12:24 IST
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India’s Biggest Port, Vadhavan Port, Will Be Among The World's Top 10 Container Ports!

Vadhavan port: Did you know that India aims to build its largest ever container port - and one that will be among the top 10 in the world? To put its magnitude into perspective, Vadhavan will be over three times the size of India's current largest ports—the government-operated Jawaharlal Nehru Port Authority (JNPA) in Mumbai and the Adani-owned Mundra! According to an ET report by Shantanu Nandan Sharma, the Vadhavan port on the Maharashtra coast in Palghar district will be a behemoth in the global shipping industry. We take a look at 10 stunning facts about the Vadhavan port project and its strategic significance for India in countering China:

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Vadhavan Port To Accommodate World's Largest Cargo Ships​

Vadhavan port: Sample this - the Vadhavan port will be equipped to accommodate some of the world's largest cargo ships, capable of carrying 24,000 20-ft containers. (AI image for representative purpose)

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​Vadhavan Port Cost​

Vadhavan port cost: The Rs 76,220 crore, all-weather, deep-draft port near the Gujarat border received cabinet approval in June 2024. It will be a joint venture between JNPA and the Maharashtra Maritime Board (MMB), with a shareholding of 74% and 26%, respectively. This collaboration represents a significant milestone in India's port development strategy, as it marks the first time the Central government has shared equity with a state government in a major port project. (Image source: JNPA)

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​Vadhavan Port Completion Date​

Vadhavan port completion date: The Vadhavan port, set to be operational by 2030, will be developed by reclaiming 1,448 hectares of sea land, eliminating the need for land acquisition. Tenders for the project will be issued in the near future. (AI image for representative purpose)

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​Vadhavan Port Location​

Vadhavan Port location: The port's strategic location and ability to accommodate large vessels will give it a competitive edge over other ports, particularly in serving Gujarat, Rajasthan, and Northern and Central India. Unmesh Sharad Wagh, chairman of JNPA, has said that the port's direct connectivity to the Dedicated Freight Corridor will reduce transit time and cost for rail traffic. (Image source: JNPA)

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​Vadhavan Port Facts​

Vadhavan port facts: The blueprint for Vadhavan projects that the port will handle 23.2 million TEUs of cargo by 2040, when the second phase is completed. This ambitious target reflects India's strategic intent to compete with leading global ports and establish Vadhavan as a significant player in the container traffic market.

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​Vadhavan Port Details​

Vadhavan port details: The port will feature nine container terminals, each 1000 meters long, along with four multipurpose berths, four liquid cargo berths, a Ro-Ro berth, and a Coast Guard berth. The project involves the reclamation of 1,448 hectares of sea area and the construction of a 10.14 km offshore breakwater and container/cargo storage areas. (AI image for representative purpose)

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​Vadhavan Port Employment​

Vadhavan port employment: Calling Vadhavan a "mega port infra for New India," Minister for Ports, Shipping & Waterways Sarbananda Sonowal announced on social media that the cabinet's decision to build such a large port would "strengthen India’s maritime prowess." He also said that the new infrastructure would create approximately 1.2 million employment opportunities. (AI image for representative purpose)

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​Vadhavan Port Strategic Significance​

Vadhavan port strategic significance: On the geopolitical stage, Vadhavan is expected to serve as a hub port in the Arabian Sea, strategically serving container traffic destined for the Gulf, Europe, and even African countries. (Image source: JNPA)

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​Vadhavan Port Role In IMEC​

Vadhavan port role in IMEC: "As the starting point of the India-Middle East-Europe Economic Corridor (IMEC), the mega port in Vadhavan will serve as a doorway for India's trade with Europe and the Gulf region," says Amitabh Kant, India's G20 Sherpa. "It will also serve as a cost-efficient gateway for India's trade with Central Asia and Russia via the International North - South Transportation Corridor (INSTC)." (AI image)

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Vadhavan Port To Rival China's Ports

Vadhavan port: The concept of a port in Vadhavan originated in the 1990s, but it was only in 2019 that the government made a strategic decision to develop it into a mega port, says Gopal Krishna, who served as shipping secretary from 2017 to 2020. The aim was to create a port that could rival some of the Chinese ports, as China currently dominates the global shipping industry. (AI image for representative purpose)

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Vadhavan Port Economic Benefits

Vadhavan Port Economic Benefits: Aligned with the objectives of the PM Gati Shakti program, the Vadhavan port project is expected to stimulate further economic activity and create both direct and indirect employment opportunities for approximately 12 lakh people, contributing significantly to the local economy. (AI image for representative purpose)

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​World Port Rankings​

World port rankings: According to the World Shipping Council's 2019 rankings, seven of the world's top ten ports are in China. The top five ports are Shanghai, Singapore, Ningbo-Zhoushan, Shenzhen, and Guangzhou, with all but Singapore being Chinese ports. (AI image for representative purpose)

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Vadhavan Port Challenges

Vadhavan Port Challenges: Vadhavan’s journey has faced significant challenges. Before securing environmental approvals and cabinet nod, a major obstacle emerged. "The Tarapur nuclear power station is near the proposed project site, and extensive discussions were held with the Department of Atomic Energy in 2019. We received conditional, in-principle clearance," says former secretary Krishna. Funding could also pose a challenge. (AI image for representative purpose)

Top Comment
S
Sunil
651 days ago
The Western Express Highway which is in a pathetic condition should be upgraded into an elevated expressway from bandra to vadhwan for good connectivity with mumbai for mumbai to benefit. Chennai is constructing a 25 kns elevated expressway from its port to it's periphery in maduravoyal. And now also from maduravoyal to sriperumbudur to connect to the bangalore expressway.
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