Srinath Manda says a big difference between UAE and Indian Free Zones (FZs) is scale of operations the latter are promoted as sector-specific zones, so they havenÆt achieved the scale of integrated ones. Free Zones were conceived to boost exports by creating designated zones free from bureaucratic troubles and more suited for international market.
Category: Warehousing & Logistics
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FTWZ guidelines are under consideration
Free Zones in the UAE and industry clusters such in China have been a huge success. However, free zones here still have a long way to go to reach this level of success. The government has taken some steps in this direction by announcing some measures to strengthen the SEZ policy. Talking with Garima P, EM Sudarsana Natchiappan.
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Logistics sector sees demand rise
India´s logistics and warehousing industry has been fuelled by encouraging developments in the retail, e-commerce and manufacturing sectors according to the findings of CBRE´s latest report, ´India Logistics Market View H1 2013´.
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APM Terminals gets best service award
Reports say that the ‘Best Inland Service Provider’ award has been won by APM Terminals India and the award was presented to the company at the recently concluded '7th Annual Express, Logistics and Supply Chain Conclave, 2013' in Mumbai.
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APM Terminals wins award
APM Terminals India has won the 'Best Inland Service Provider' award at the recently concluded 7th Annual Express, Logistics and Supply Chain Conclave 2013.
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Reefer cargo at NMPT
With the onset of fishing season in the coastal belt, the New Mangalore Port (NMPT) is witnessing a record movement of reefer cargo in containers.
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Kerala plans maritime board to handle cargo biz
To initiate all port-related activities and maritime cargo business in Kerala, the Kerala government has proposed to set up Kerala Maritime Board (KMB). The State government has taken Gujarat Maritime Board as a model for the proposed KMB. The proposal has been submitted to the Union government.
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AP to get its 2nd major port, boost to its logistics biz
With the decks cleared for setting up of a second major port in Andhra Pradesh, the state is set to receive a significant boost for its logistics sector. Once the second major port in Prakasham district commissioned, the State will have two major ports, the other being the countryÂ’s premier Visakhapatnam Port.
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L&Ts Kattupalli container terminal to start from Sept 19
The Larsen & Toubro's container terminal project constructed at a cost of Rs 2,000 crore at Kattupalli, near Chennai, is to go on commercial stream from September. The project has been delayed nearly for two years. It is expected that the new terminal will take away major chunk of container traffic from the Chennai port.
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GAIL looks to buy 13 LNG cargoes in FY13
GAIL Chairman BC Tripathi said on July 25 that the company needs to buy 13 cargoes this fiscal year to March out of its planned 34. GAIL received 7 cargoes in the first quarter of the fiscal year, Tripathi said. He added that contracts for 21 cargoes have already been finalised.