News / India launches new search for investor in Tuticorin as crisis plagues Colombo

A sequential uptick in container trade and renewed transhipment growth expectations from the large-scale crisis plaguing Sri Lanka’s Colombo Port, is encouraging India to think again about alternative hub port options in the region.

A near-$1bn investment strategy for the development of sophisticated container transhipment infrastructure at Tuticorin Port (VOCPA) illustrates this, especially after previously unsuccessful attempts.

Tuticorin is one of India’s 12 “major” ports and the second-busiest east coast container handler after nearby Chennai.

In a fresh tender process, the port has relaunched ...