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TN has glorious history of trade and port-led development : Modi

Coimbatore: Prime Minister Narendra Modi today launched various developmental projects and said Tamil Nadu
has a glorious history of sea trade and port led development.

Launching various projcts relating to the V O Chidambaranar Port in Tuticorin via video-conferencing, he recalled the efforts of great freedom fighter VOC.

‘His vision for a vibrant Indian shipping industry and maritime development inspires us greatly’, he said.
The Centre’s commitment to port-led development can be seen through the Sagarmala Scheme.

‘About 575 projects at a total cost of over six lakh crore rupees have been identified for implementation during 2015-2035 period.

These works cover: Port modernisation. New port development Port connectivity enhancement, Port-linked industrialisation and Coastal community development’, he added.

Stating that the projects launched today will further strengthen cargo handling of the port, Mr Modi said the government will take further steps to make it a transhipment port and make it a global hub for trade and logistics.

Pointing out that a multi-model logistics park would be launched soon at Mappedu near Sriperumbudur in Chennai, Mr Modi said the eight laning of Korampallam Bridge and Rail Over Bridge at the VOC Port would provide seamless connectivity and provide congestion free travel to and from the port and also reduce the
turnaround time for cargo trucks.

Mr Modi said at the core of development is ensuring dignity to every individual. One of the basic ways of ensuring dignity is to provide shelter for everyone. To give wings to the dreams and aspirations of our people, the Pradhan Mantri Awas Yojna was started.

Terming Coimbatore as a city of industry and innovation, he said Tamil Nadu was making major contribution to India’s industrial growth.

He said one of the basic needs for industry to grow was continuous power supply. ‘Today I am happy to dedicate to the Nation two major power projects of NLCIL and lay the foundation stone for one more power project.
The 709 MW solar power project developed by NLCIL at a cost of over Rs 3,000 crores and another 1,000 MW thermal power project of NCL constructed at a total of Rs 7,800 crore will be of great benefit to Tamil Nadu, which will get over 65 per cent of power generated from this project.

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