Due to coastal shipping becoming economically viable after demonetisation, automajor Hyundai has decided to increase its monthly shipment through this mode. The Korean major has also said that demonetisation has led to ´less supply of trucks´ and coastal shipping is a ´blessing in disguise´ to meet the orders.
Hyundai will send about 2,500 units of cars to its northern markets including Gujarat, Mumbai, NCR, Haryana and Uttar Pradesh. All these cars will be transported to Kandla Port in Gujarat from Ennore Port, near Chennai. From Kandla it will be sent through trucks.
Along with Hyundai cars, Ford is also sending 132 cars and Renault Nissan is sending 399 cars. With the Government´s decision to give discounts on wharfage and other benefits, coastal shipping today is economically viable, said V Anand, senior general manager - sales and logistics, Hyundai Motor India Ltd (HMIL).