Prime Minister Narendra Modi inaugurated three significant infrastructure projects in Kochi, Kerala valued at over Rs 4,000 crore.

These projects — the New Dry Dock (NDD) at Cochin Shipyard Ltd (CSL), the International Ship Repair Facility (ISRF) of CSL, and the Indian Oil Corp Ltd's LPG Import Terminal at Puthuvypeen, Kochi — are pivotal in advancing the government's aim to revolutionize India's ports, shipping, and waterways sector by enhancing capacity and self-reliance.

The New Dry Dock at CSL, costing around ₹1,800 crore, is a testament to India's engineering capabilities. This large infrastructure, one of the biggest in the region, can accommodate future aircraft carriers and large commercial vessels. The ISRF, built at a cost of about ₹970 crore, will modernize CSL's ship repair capabilities and help transform Kochi into a major ship repair hub.

Indian Oil’s LPG Import Terminal, constructed for about ₹1,236 crore, will ensure a consistent LPG supply in the region, enhancing India's energy accessibility.

These projects will not only elevate India's shipbuilding and repair capacities but also invigorate energy infrastructure growth, reduce logistics costs, and open up numerous domestic and international business opportunities.