For a larger piece of the pie
The Krishnapatnam Port has initiated a container shipping service between India and Myanmar apart from tying up with various automobile manufacturers for its automotive logistics business.
Krishnapatnam Port, has tied up with automobile manufacturers such as Isuzu Motors and Volvo India besides initiating talks with the Hero Moto Corp as it eyes a large pie of automotive logistics business in the region.
“It is also in the process of forging alliances with the Japanese automotive firms in the vicinity of Chennai-Bangalore Industrial Corridor, which is being funded by Japanese multilateral agencies,” Chinta Sasidhar, Managing Director, Krishnapatnam Port Company.
"The excellent road connectivity between Bangalore and Krishnapatnam makes for highspeed transportation and efficient turnaround of car carriers," Sasidhar added.
Apart from this, Krishnapatnam Port has flagged off the path-breaking direct container shipping service between the Indian Subcontinent and Myanmar that would change the way sea trade has been so far on the East coast. In this regard, Sasidhar informed, “We are grateful for the Shipping Corporation of India (SCI) new service from our port and this will definitely change the way sea trade has been so far on the East Coast. At KPCL, we go beyond our business objectives and look at achieving a global partnership between nations.”
The Yangon service, a fortnightly container service operated by SCI connecting the Indian Subcontinent with Myanmar, will boost bilateral trade relations between India and Myanmar by opening immense opportunities for exporters and importers in these countries. Krishnapatnam Port Container Terminal’s global standards and efficient services will help the traders to export clinker, telecom equipment and cars; import pulses, timber and garments.