Jawaharlal Nehru Port Trust, has planned a multi-product Special Economic Zone on 277 hectares of land near the port. Neeraj Bansal, Chairman In-Charge, JNPT, shares his insights on overall SEZ scenario across India
Over the past couple of decades, the warehousing industry in India has evolved from the traditional concept of a Â´godownÂ´ - a small structure with four walls and shed - to a modern-day automated set-up which offers efficient inventory management and value-added services.
The 4th India Warehousing Show lifted the spirit of logistics industry by bringing complete supply chain solutions on one platform from 8-10 July at Pragati Maidan in New Delhi. Exhibition featured 210 exhibitors, 380 live technologies from 25 countries and was attended by 7,818 trade visitors representing 220 cities globally.
I cannot say much on this as of now, as certain issues have yet to be streamlined. Today, FTZs/FTWZs are functioning under the SEZ Act and rules. However, we realise that the activities of FTWZs are of different nature and their requirements are also different. Hence, some of the rules and guidelines have to be reframed. The process is on.