Gujarat as a State has tremendous potential both naturally as well as physically. Being well connected by rail and road is an added advantage although air connectivity needs improvement. Its well-equipped ports are a tremendous boost for industries in the State.
Tag: Pipavav
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Forging ahead
Dedicated Freight Corridors are on the fast track with institutional finance from the World Bank and JICA. However, the roadmap for allied projects along the corridors is still not clear, writes Janaki Krishnamoorthi.
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Revenue model needs to change
In the revenue sharing model, an investor who is investing in the port project should also get some comfort level in the initial years, says Umesh Grover, Group Executive Director, Shipping & Infrastructure, SKIL Infrastructure. There has to be a gestation period but as the cargo increases, the proportion of revenue share should also be increased.
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Mundra may be largest port by 2013
As Kolkata Port hopes to grab a share of exim cargo from the JN Port, it is more likely to face competition from other newer ports on the Western coast-Pipavav and Mundra.
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Concor depends less on JNPT
Concor's dependency on Jawaharlal Nehru Port has declined following competition from newer ports, Pipavav and Mundra.
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Expertspeak: Yet privatisation has been successful
With ICTT, by bringing mainline vessel calls to Cochin, shippersĆ¢ā¬āespecially in south India who earlier had to tranship their cargo over to Colombo and other regional hubsĆ¢ā¬āwill now save on the additional feedering cost at the hub port.
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Govt to set up Rs 4,000 cr VLCC shipyard
Centre plans to set up a shipyard to produce very large crude carriers (VLCCs) under public-private partnership with an investment of Rs 3,000-4,000 crore, in lieu of Hindustan Shipyard going to the defence ministry.