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Rs 10,000 cr transshipment port at Great Nicobar Island on cards: PM

The 2,312-kilometer-long submarine optical fibre cable from Chennai to Andaman and Nicobar Islands, laid at a cost of Rs 1,224 crore, will provide "better and cheaper connectivity", he said

Narendra Modi
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The transshipment port would enable big ships to anchor and raise India's share in maritime trade as well as create new job opportunities, he said.

Press Trust of India New Delhi
India is considering investing Rs 10,000 crore for building a transshipment port at Great Nicobar Island in the Bay of Bengal to provide shippers an alternative to similar ports in the region, Prime Minister Narendra Modi said on Monday as he inaugurated the first undersea optical fibre project to provide high-speed internet to Andaman and Nicobar Islands.

The 2,312-kilometer-long submarine optical fibre cable from Chennai to Andaman and Nicobar Islands, laid at a cost of Rs 1,224 crore, will provide "better and cheaper connectivity", he said.

"There is a proposal to build a transshipment port at Great Nicobar at an