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PM Modi Inaugurates ₹4,000 Crore Infrastructure Projects in Kochi

The projects aim to transform Kochi into a major shipbuilding hub and ensure consistent LPG supply in the region.

  • Indian Prime Minister Narendra Modi inaugurated three significant infrastructure projects in Kochi, Kerala, valued at over ₹4,000 crore. These projects aim to boost the country's maritime strength and transform Kochi into a major shipbuilding and repair hub.
  • The projects include the New Dry Dock (NDD) at Cochin Shipyard Ltd (CSL), the International Ship Repair Facility (ISRF) of CSL, and the Indian Oil Corp Ltd's LPG Import Terminal at Puthuvypeen, Kochi.
  • The NDD, costing around ₹1,800 crore, is one of the largest marine infrastructures in the region and can accommodate future aircraft carriers and large commercial vessels. The ISRF, built at a cost of about ₹970 crore, will modernize CSL's ship repair capabilities.
  • The Indian Oil’s LPG Import Terminal, constructed for about ₹1,236 crore, will ensure a consistent LPG supply in the region, enhancing India's energy accessibility.
  • These projects are expected to stimulate the growth of ancillary industries, enhance EXIM trade, reduce logistical costs, and create numerous domestic and international business opportunities.
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