PM Narendra Modi LIVE from Kochi: PM Narendra Modi will also lay the foundation stone of Reconstruction of South Coal Berth at Cochin Port.
India had added over 1,600 tech startups in 2020 – the highest in three years.
PM Narendra Modi LIVE from Kochi: Prime Minister Narendra Modi today said in Kochi that India is at a historic point today and our actions today will shape our growth trajectory in years to come. “Our people have shown that with right opportunities, they can do wonders. Let’s keep working towards creating such opportunities. Together we will create an Aatma nirbhar bharat,” said PM Modi. The PM laid the foundation stone and dedicated various projects to the nation, at Kochi. These projects will add crucial momentum to the growth trajectory of these states and help hasten the pace of realizing full development potential. Addressing the gathering, PM Modi said that tourists flock to Kochi not only for sightseeing but also for its unique historical, cultural and spiritual places. The Government of India is taking many efforts to develop and strengthen many tourism activities, said the PM. He also urged the startups to come out with innovative ideas to promote tourism in post-COVID world.
The PM dedicated to the nation the Propylene Derivative Petrochemical Project (PDPP) of BPCL. The complex will produce Acrylates, Acrylic Acid and Oxo-Alcohol, which are at present predominantly imported, and is expected to result in saving of about Rs 3700 to 4000 crore/annum in foreign exchange. Constructed at a capital cost of about Rs 6000 crore, the PDPP Complex has been set up close to the refinery to achieve integration of feedstock supply, utilities, off-sites and other facilities. It will benefit the downstream sector in saving huge costs as a result of the ready availability of feedstock and optimized supply chain management. With the commissioning, Kochi Refinery has become the first Indian refinery to produce niche petrochemicals.
PM Modi also dedicated to the nation the Ro-Ro Vessels at Willingdon Islands, Cochin. The International Waterway Authority of India will deploy two new Roll-on/ Roll-off vessels between Bolgatty and Willingdon Island on National Waterway-3. The Ro-Ro vessels, MV Adi Shankara and MV CV Raman, will have the capacity to carry six 20-feet trucks, three 20-feet trailer trucks, three 40-feet trailer trucks and 30 passengers each. The service will benefit trade as a result of reduced transportation cost and transit time, and will also lead to reduced congestion on the roads of Kochi.
The PM inaugurated the International Cruise Terminal “Sagarika” at Cochin Port. Situated at the Ernakulam Wharf on Willingdon Island, it is India’s first full-fledged international cruise terminal. It has state-of-the-art facilities and has been constructed at a cost of Rs.25.72 crore. It will promote tourism, give a fillip to development and will act as an effective instrument for employment generation, earning revenue and foreign exchange.
Prime Minister Modi also inaugurated the Marine Engineering Training Institute, Vigyana Sagar, Cochin Shipyard Ltd. It is a premier Maritime Learning Centre and is the only Maritime institute in India functioning within a shipyard, having extended training facilities for trainees on various vessels under construction or repair. Constructed at a capital cost of Rs 27.5 crore, the institute has an intake capacity of 114 fresh graduates. It will create a talent pool of marine engineers and personnel to fulfil the requirement of the Maritime industry in India and abroad.
PM Modi laid the foundation stone of Reconstruction of South Coal Berth at Cochin Port. It is being reconstructed at an estimated cost of Rs 19.19 crore under the Sagarmala Scheme. Upon completion, a dedicated berthing facility will be available for chemical handling at Cochin Port. Reconstruction of the Berth will ensure quick and efficient handling of cargo and reduced logistics cost.
Governor and Chief Minister of Kerala, along with Union Minister for Petroleum and Natural Gas were present on the occasion.
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Prime Minster Narendra Modi was in Chennai earlier today where he inaugurated several projects. The PM inaugurated Chennai Metro Rail Phase-I extension, the fourth Railway line between Chennai Beach and Attipattu, the Railway Electrification of single line section in Villupuram - Cuddalore - Mayiladuthurai - Thanjavur and Mayiladuthurai-Thiruvarur and laid the foundation stone for the extension, renovation and modernization of the Grand Anicut Canal System as well as for the Discovery Campus of IIT Madras.