PM Modi to Lay Foundation Stone for Vadhvan Port, One Of India’s Largest Deep-Water Ports

New Delhi: The foundation stone of the Vadhvan Port project in Maharashtra’s Palghar will be laid by Prime Minister Narendra Modi on Friday.

Vadhvan Port is to be established near Dahanu town in Palghar district. It will be one of India’s largest deep-water ports.

Vadhvan Port will be built at a cost of Rs 76,000 crore. It will provide direct connectivity to international shipping routes, reducing transit times and costs.

The Vadhvan Port project, which is expected to create 12 lakh job opportunities, is scheduled to be completed by 2030.

It will have state-of-the-art technology and infrastructure with nine 1000-meter-long container terminals, multipurpose berths, liquid cargo berths, Ro-Ro berths, and a dedicated Coast Guard berth.

“The port is expected to generate significant employment opportunities, stimulate local businesses, and contribute to the overall economic development of the region,” PM Modi’s office said in a statement.

“Vadhvan Port will serve as India’s new gateway to global trade, creating a cumulative capacity of 298 MMT per annum,” MyGov said.