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Vaibhavi Bhat posted an update
How Adani’s Genius strategy of Transhipment Port is making India powerful? : Business Case Study
The Adani group is one of the most powerful business houses in the country!! and more importantly, the adani group has been a major contributor to economy country because they have transformed the way Indian ports operate and compete in the international market!! and now the adani’s, the state government of kerela and the central govt together are building something called a Transhipment port in India!! This project is the Vizhinjam por in Kerala and it such a massive project that it costs more than 7,600 Cr, at the same time, it is so revolutionary that once built, this port could single handedly, reducing export costs for Indian traders, it will decrease the time to export our products to the world and most importantly, we could be standing upto the standards of the biggest players in the port business which includes the Singapore port, the colombo port and even the iconic Jabel ali port of Dubai!!
So as students of business this is one of the most important economic developments that you need to be aware of. So in this episode today, lets do a deep dive into the port industry of India and understand,
What the heck is a transshipment port?
Why does India need a transshipment port now ?
How will it help the traders of India?
and most importantly, how will impact the economy of India??