Q. With reference to Vadhvan Port, consider the following statements:
1.It will be one of India’s largest deep-water ports and will provide direct connectivity to international shipping routes.
2.The port will serve as a gateway for India-Middle East-Europe Economic Corridor and International North-South Transportation Corridor.
3.Ministry of Defense and Indian Railways are involved in the joint venture for the development of Vadhvan Port.
How many of the statements given above are correct?
Explanation –
Statements 1 and 2 are correct. Vadhvan Port is planned to be one of India’s largest deep-water ports, providing direct connectivity to international shipping routes, which will help reduce transit times and costs. Vadhvan Port is expected to play a significant role in the India-Middle East-Europe Economic Corridor (IMEC) and the International North-South Transportation Corridor (INSTC), enhancing India’s trade connectivity with Europe, the Middle East, and Central Asia. Vadhvan Port is located near Dahanu town in Palghar district. It will be developed as an all-weather Greenfield deep draft major port. The port will comprise nine container terminals, four multipurpose berths, four liquid cargo berths, a Ro-Ro berth, and a Coast Guard berth. On completion, Vadhavan Port will be one of the top ten ports of the world. This port will enhance India’s maritime connectivity and further strengthen the country’s position as a global trade hub.
Statement 3 is incorrect. The development of Vadhvan Port is a joint venture between the Jawaharlal Nehru Port Authority (JNPA) and the Maharashtra Maritime Board.
Source: AIR