At the recent Vizhinjam Conclave, Nayara Energy chairman Prasad K. Panicker emphasised the need to identify a key industry around the Vizhinjam International Port to drive its future growth.
Drawing comparisons from global port cities, he noted that petrochemicals fuelled the rise of Singapore and Rotterdam, while electronics propelled Shanghai. According to Panicker, Vizhinjam needs a similar focus to unlock its full potential.
The summit, organised by the Kerala State Industrial Development Corporation (KSIDC) in partnership with the Trivandrum Chamber of Commerce and Industry, brought together key stakeholders to discuss Vizhinjam's strategic importance and growth prospects.
Held on 28 and 29 January in Thiruvananthapuram, the event is acting as a platform for insights and deliberations on the port's potential., the event served as a platform for insights and deliberations on the port's potential.
Nayara chairman further suggested that emerging sectors such as battery manufacturing and solar panel production could be worth exploring. “The port holds significant relevance in international maritime freight transport due to its connectivity options by road, rail, and air. We must leverage this,” he said, adding that practical steps for the next five years would yield better results than distant, long-term plans.
However, land availability poses a challenge. Panicker acknowledged this limitation but pointed to the possibility of using automated technologies to work around the issue. He commended the state government’s efforts to create an investor-friendly environment, which could further support industrial development.
AVT McCormick managing director Sushma Srikandath underscored the importance of a clear, time-bound roadmap for Vizhinjam’s development. She highlighted the need for efficient transit systems, especially road and rail, to ensure smooth movement of goods.
“If we can connect products from their source to Vizhinjam properly, it will benefit industrialists and strengthen the supply chain,” she remarked.
Srikandath also mentioned the potential for Vizhinjam to enable local businesses to venture into exports and establish a global presence.
The discussion, moderated by Sreekumar K. Nair, CEO, Vizhinjam International Seaport, touched on the future infrastructure projects.
Notably, Nair mentioned that a port rail tunnel designed to improve container connectivity is expected to become operational by 2029.
Aditya Birla Group senior vice president Binoay B and Synthite managing director Dr Viju Jacob were also part of the panel, sharing their views on the strategic steps needed for Vizhinjam to emerge as a competitive port hub.
