‘India offers competitive price & simple regulations to facilitate smooth logistics trade’

Amit Tandon, MD Asia Shipping India said, “India is making great progress in becoming a global transhipment hub, aiming to rival major players like Singapore and Dubai. The Vizhinjam International Seaport, which kicked off operations in December 2024 is an important part of it. With its deep draft of over 18 meters, it’s already handling major vessels and processed 733,000 containers, signaling its potential to capture India’s 4.6 million TEUs of transshipment cargo—most of which currently flows through foreign ports. We have to give credit to the government’s Maritime India Vision 2030 which is driving this transformation, with plans for deepwater ports like Galathea Bay and Vallarpadam. Better roads and freight corridors are also boosting connectivity, making these ports more attractive to global shipping lines. To compete, India is offering competitive pricing and simpler regulations, taking cues from Singapore’s efficiency and Dubai’s business-friendly vibe. While there are challenges like regulatory tweaks and stiff competition, the outlook is bright. Vizhinjam alone could generate massive revenue and jobs by 2028. Lets just say, India’s on track to reshape maritime trade and claim its spot on the world stage.