Tamil Nadu Govt. to set up 'Auto City' soon
VTransport, . Senthil Balaji, Minister for
Nationalised Transport, Motor Vehicles Act, Government of Tamil Nadu, has said that the Tamil Nadu Government will set up an 'Auto City', a first of its kind initiative, under the automobile and auto component policy launched by the Chief Minister.
Speaking at the Logistics Summit 2014 on the theme 'Accelerating Economic Growth through Better Logistics and Supply Chain Practices' in Chennai on June 9, 2014, the Minister said that the 'Auto City' will be setup under the theme 'Tamil Nadu, the Partner in Automotive Sector Investment'. Besides, an Automotive Suppliers Park would come up to improve the logistics competitiveness for units set up in it. The 'Auto City' would have a logistics hub to provide multimodal transport, a design and technological park and common infrastructure such as effluent treatment and waste management utilities. It would dwell on transport of goods to various ports on 24 hour basis for movement of consignment trucks.
Masanori Nakano, Consul
June 2014 General, Japan Consul General, stated that India's growth over the last decade and expected continuation of the country's long term growth story makes the nation one of the most attractive regions for investment in the logistics sector.
He said that with the country expected to grow at a booming pace again and the logistics sector offers a huge potential for investments. “The logistics infrastructure has received a lot of attention from both businessmen and policymakers over the last few years. However, the role of effective logistics management has been under-emphasised. Inadequate logistics infrastructure has an effect in creating bottlenecks in economic growth. He said India's geographical characteristics make it a prime destination for investments and growth in logistics. He added that he was happy to see that Japanese investments formed a significant percentage of the investments. India presents a great potential for manufacturing and provides a profitable area for Japanese companies.
Dr. T. Prabhakara Rao, Principal L to R: Prof. Dinesh Kumar, Managing Director, Asia Aviation Associates, New Delhi; Masanori Nakano, Consul General, Japan Consul General; Chozha Naachiar Rajasekar, President, The Tamil Chamber of Commerce; V. Senthil Balaji, Minister for Transport, Nationalised Transport, Motor Vehicles Act, Government of Tamil Nadu; Dr. T. Prabhakara Rao, Principal Secretary, Transport Department, Government of Tamil Nadu; Atulya Misra, Chairman, Chennai Port Trust; Dr. S Ramachandran Vice-Chancellor, Hindustan University and M.A. Bhaskarachar, Chairman cum Managing Director, Kamarajar Port Ltd. Secretary, Transport Department, Government of Tamil Nadu, said Tamil Nadu with its excellent ecosystem and standards maintained is a magnet for investments. Take any scheme, and we are on the top in the country. Any suggestions from the industry can be brought to the government and we will definitely take it forward.
Chozha Naachiar Rajasekar, President, The Tamil Chamber of Commerce, said that the fragile infrastructure, shortage of skilled manpower and no recognition by the government remained the key factors behind today's deplorable scenario of this industry. He added while the logistics industry in India is seen as a potential sunrise sector, it is inherently weak as continuous apathy from the policymakers made it beleaguered, resulting in the manufacturing and export uncompetitive in the world market.
Atulya Misra, Chairman, Chennai Port Trust; M.A. Bhaskarachar, Chairman cum Managing Director, Kamarajar Port Ltd; Dr. S Ramachandran, Vice-Chancellor, Hindustan University and Prof. Dinesh Kumar, Managing Director,