PM says port economy will boost India.
• PM Modi emphasizes the importance of private sector involvement in infrastructure development, even in a Communist regime-led state like Kerala.
• He expresses concern over the discomfort of leaders like Kerala Chief Minister Pinarayi Vijayan and Congress MP Shashi Tharoor.
• The Prime Minister aims to reduce reliance on foreign ports, stating that the Vizhinjam port’s capacity will triple in the coming years.
• The Union Budget introduces a policy to promote large ship construction, boosting the manufacturing sector.
• Two Indian ports are among the world’s top 30, and India ranks among the top 20 countries in global shipbuilding.
• India is setting up a shipbuilding and repair cluster in Kochi, creating new employment opportunities.
• PM Modi invokes Adi Shankaracharya and Saint Thomas Church in his inaugural speech, acknowledging Kerala’s unity and tolerance.