CII Proposes Development of Thoothukudi as Maritime and Manufacturing Hub
CII advocates for Thoothukudi's transformation into a maritime and manufacturing cluster, leveraging local port facilities and sustainability initiatives. This development aims to enhance Tamil Nadu's industrial competitiveness and align with green energy goals.
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The Confederation of Indian Industry (CII) recommends that Thoothukudi be established as a port-led maritime and manufacturing cluster, utilizing the V.O. Chidambaranar Port and a proposed 3,000-acre shipbuilding ecosystem.
A focus on local workforce and supply chains is essential to create a self-sustaining shipbuilding environment. Additionally, to support green hydrogen production, a subsidy to reduce costs to below $2 per kg is necessary over the next decade.
CII also calls for a Spaceport at Kulasekarapattinam and upgrades to the Mahendragiri testing center, along with a dedicated Space Corridor to connect key ISRO facilities. Establishing a Centre of Excellence in AI, ML, and Industry 4.0 is advised.
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