The central and state government projects in Maharashtra are focused on bolstering the rural economy. Last month, Prime Minister Narendra Modi performed the Bhoomi Pujan for the massive Vadhavan Port in Gardhan, Palghar district.
This project will create a new economic corridor, facilitating the development of the Greater Mumbai region, Maharashtra, and the entire nation. Vadhavan Port is poised to play a crucial role in accelerating India’s economic growth.
ndia has a long history of foreign trade via sea routes, with maritime transport being one of the most cost-effective means. Historical figures like Vasco da Gama navigated the Cape of Good Hope to reach India’s shores, paving the way for the export of various Indian commodities such as spices, textiles, and silk. Maritime trade also played a significant role in trade between Britain and India.
On August 30, 2024, Prime Minister Modi laid the foundation stone of Vadhavan Port—a date that will be etched in the golden annals of Maharashtra's history. The Vadhavan Port project will establish a new economic corridor, strengthening the Greater Mumbai region, Maharashtra, and India as a whole, and positioning India as a future maritime power.
India is fortunate to have an extensive coastline, which has historically benefited the region. Mumbai Port brought prosperity to Maharashtra and Mumbai, and Jawaharlal Nehru Port Trust (JNPT) is currently the most important port in the country. However, with growing foreign trade, JNPT has been under increasing pressure.
Three Times the Capacity of JNPT
While JNPT is considered the largest port, Vadhavan Port will surpass it, boasting three times its capacity. Upon completion, Vadhavan Port will become the largest port in India, doubling the country’s total container capacity to 298 million metric tonnes.
Highway Expansion to Drive Prosperity
The leadership trio of Devendra Fadnavis, Ajit Pawar, and Eknath Shinde is known for their visionary approach. The Shinde-Fadnavis duo achieved a milestone by completing the Samruddhi Highway on time. Additionally, the MTHL, also known as Atal Setu, was successfully completed due to Fadnavis's efforts.
Boost to the Rural Economy
The Samruddhi Highway passes through 392 villages across ten districts of Maharashtra, including Vidarbha and Marathwada. These regions will benefit greatly as agricultural and industrial products can now be exported more efficiently via the new port. The construction of Vadhavan Port will undoubtedly accelerate the development of Maharashtra's rural economy.
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