India's strategy to beat Colombo port is flawed as there are likely to be too many domestic ports competing among themselves instead of targeting the competition, says Michael Pinto.
A Rs 7,056 crore outer harbour project by VO Chidambaranar (VOC) Port in Tuticorin is garnering interest from domestic and global majors in the sector, such as Adani Ports and Special Economic Zone, Singapore's PSA International, Dutch major Van Oord, JM Baxi, and JSW, among others, according to sources close to the development. The project aims to capitalise on the newfound investor interest in the region, spurred by mega investments such as the Rs 16,000 crore electric vehicle manufacturing unit by Vietnamese major VinFast, the Indian Space Research Organisation's second spaceport in Tamil Nadu's Kulasekarapattinam, and Singapore's Sembcorp's Rs 36,238 crore investment in renewable energy.
A Kerala state owned boat ferrying about 100 passengers rammed into aircraft carrier INS Viraat in Kochi, naval sources said on Monday.
Four Indian Navy's frontline warships have docked in Malaysia at the last leg of their goodwill tour of seven nations.
'Adani can attract vessels at a much lower cost to Vizhinjam as he has the financial muscle to do so.'
The Indian ships' participation in MALABAR-16, a maritime exercise with the US Navy and Japan Maritime Self-Defense Force, reflects the vital strategic importance of the region to India.
When a Chinese warship entered Japanese waters, the Indian commander called on China to maintain discipline at sea. Dr Rajaram Panda explains the significance of the Malabar exercises between India, Japan and the US.
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