VO Chidambaranar Port Plans Rs 15,000 Crore Investment for Outer Harbour Expansion

VO Chidambaranar Port in Tuticorin, Tamil Nadu, plans to invest Rs 15,000 crore in its Outer Harbour project to enhance cargo handling capacity by 4 million tonnes per annum by 2030. This investment complements an additional Rs 1,500 crore allocated for infrastructure upgrades and new technologies. The project aims to establish the port as a major transhipment hub in southern India, competing with international ports in Sri Lanka, Singapore, and Indonesia, aligning with the government's maritime vision.