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Vizag port pitched as an alternative for foreign trade

Vizag port pitched as an alternative for foreign trade

Considering the Visakhapatnam port’s modern facilities and its appropriateness, stakeholders of both India and Nepal have underlined the need to open the port as an alternative port for India’s foreign trade, said Sushil Mulchandani, chief operating officer of Visakha Container Terminal Private Limited. He was addressing Nepal-India Business Conclave, ‘Visakhapatnam Port: Additional Gateway for NepalÂ’s Export Import Traffic.’ in Kathmandu on August 11. Visakha Container Terminal is the operator of Visakhapatnam Port.

Sushil Mulchandan said that Visakhapatnam port would be more feasible for Nepali traders in terms of efficiency and cost compared to Kolkata port. Visakhapatnam prot is efficient, effective and ultra modern, fully equipped with computerised system, he said.

Visakha Container Terminal could arrange road and rail transportation up to the Nepal’s border from the port, adding “there will be no additional or hidden charges to Nepali containers, he said. Given the increment in the volume of Nepal’s trade and the appropriateness of the Visakhapatnam port, he explained, the governments of Nepal and India should include the port in their trade treaty.

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