PM Modi dedicates to nation Rs. 4,000 crores infrastructure projects in Kochi
Policy

PM Modi dedicates to nation Rs. 4,000 crores infrastructure projects in Kochi

New dry dock at Kochi is the national pride of India

  • By ICN Bureau | January 18, 2024

Prime Minister Narendra Modi inaugurated three major infrastructure projects worth more than Rs 4,000s crore in Kochi, Kerala yesterday.

The projects being inaugurated today include New Dry Dock (NDD) at Cochin Shipyard Limited (CSL), International Ship Repair Facility (ISRF) of CSL, and LPG Import Terminal of Indian Oil Corporation Limited at Puthuvypeen, Kochi. These major infrastructure projects are in line with the Prime Minister’s vision to transform India's ports, shipping, and waterways sector, and build capacity and self-sufficiency in it.

He mentioned the country’s largest dry dock that Kochi received today. Other projects like shipbuilding, ship repairing and LPG import terminal will also give momentum to development in Kerala and the southern region of the country. He also noted the honour of building ‘Made in India’ aircraft carrier INS Vikrant with the Kochi Shipyard. New facilities will enhance the capabilities of the shipyard many times.

The Prime Minister highlighted the reforms made in the ports, shipping and waterways sector in the last 10 years and said that it has brought new investments in India’s ports and created new employment opportunities. He informed that the reforms of rules related to Indian Seafarers led to an increase in the number of seafarers in the country by 140 percent. Within the country, the Prime Minister said that passenger and cargo transport got a major boost by making use of inland waterways.

Referring to the inauguration of the International Ship Repair Facility, Modi said that it will transform Kochi into India and Asia’s largest ship repair center. Drawing the analogy of multiple MSMEs coming together in the manufacturing of INS Vikrant, the Prime Minister expressed confidence in the creation of a new ecosystem of MSMEs with the inauguration of such huge shipbuilding and repair facilities. He further added that the new LPG Import Terminal will meet the LPG needs of Kochi, Coimbatore, Erode, Salem, Calicut, Madurai, and Trichy while also supporting industries, other economic development activities and creation of new jobs in these areas.

Governor of Kerala, Arif Mohammed Khan, Chief Minister of Kerala, Pinarayi Vijayan, Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal were present on the occasion among others.


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