PM Modi Inaugurates Tuticorin International Container Terminal
Prime Minister Narendra Modi addressed the inauguration of the Tuticorin International Container Terminal via video message, highlighting India’s increasing role in the global supply chain. He praised the terminal’s infrastructure, noting its deep draft of over 14 meters and a berth more than 300 meters long, which will enhance the capacity of VO Chidambaranar Port.
Modi emphasized that the new terminal will reduce logistics costs and save foreign exchange for India. He acknowledged Tamil Nadu’s vital role in driving India’s economic growth, with its three major ports and seventeen non-major ports making it a hub for maritime trade.
To further boost port-led development, India is investing over Rs 7,000 crore in the development of an Outer Harbour Container Terminal. Modi also spoke about India’s broader maritime mission, which includes sustainable initiatives like Green Hydrogen and offshore wind energy, aimed at tackling global climate change challenges.
He highlighted that innovation and collaboration are India’s greatest strengths on its development journey. Modi expressed confidence that this momentum will propel India to become the world’s third-largest economy soon, with Tamil Nadu playing a pivotal role in this growth.
Doubts Revealed
PM Modi -: PM Modi is the Prime Minister of India. His full name is Narendra Modi, and he is the leader of the country.
Tuticorin International Container Terminal -: This is a big port in Tuticorin, Tamil Nadu, where large ships can load and unload containers filled with goods.
Global supply chain -: This is the system that moves products from one country to another. It includes everything from making the product to delivering it to the customer.
Logistics costs -: These are the expenses involved in moving goods from one place to another, like transportation and storage costs.
Foreign exchange -: This is the money that India earns or spends when trading with other countries, usually in different currencies like dollars or euros.
Tamil Nadu -: Tamil Nadu is a state in the southern part of India. It has many ports and is important for trade.
Maritime trade -: This is the buying and selling of goods using ships and sea routes.
Green Hydrogen -: Green Hydrogen is a clean fuel made using renewable energy sources like wind or solar power. It doesn’t pollute the environment.
Offshore wind energy -: This is electricity generated by wind turbines located in the sea. It is a clean and renewable source of energy.