Maharashtra gets 13 port projects under Sagarmala
The government has approved `5,369-crore Jal Vikas Marg Project (JVMP) The Logistics Ease Across Different States (LEADS) index, a composite indicator to assess international trade logistics across states and union territories, based on survey conducted by Deloitte, has put Gujarat on the top rank, followed by Punjab and Andhra Pradesh respectively. Logistics, or the management of the flow of resources such as cargo, documents, information and funds through a range of activities and services between points of origin and destination, is a key parameter in deciding the trade competitiveness of a state or country. LEADS is based on eight paramfor India Gateway Terminal Pvt Ltd at Vallarpadam has registered 11 per cent growth in container traffic by achieving an annual throughput of more than 532,000 teus between January 1 and December 31, 2017. The terminal also recorded its highest monthly throughput of more than 51,000 teus in October.
The company provides smart trade solutions adding value to the supply chain. It has successfully introduced a new digital portal by Bharat Trade which enables smooth paperless transaction and offers a single window to customers and ensures digital exchange of data on real-time bases. The improved hinterland connectivity has benefitted local importers and exporters from the Kerala, parts of Tamil Nadu and Karnataka, said Jibu Kurien Itty, CEO, DP World, Cochin. The terminal continues to be highly efficient and productive with truck turnaround time on an average of 27 minutes and records an average Gross Crane Rate of 31 moves per hour. The Minister of State for Shipping, Road Transport & Highways and Chemical & Fertilisers, Mansukh L. Mandaviya, has informed that steps have been taken by the government of Maharashtra for the development of Rewas port, Vijaydurg port, Redi port, Vadhavan port, Trombay port and Karanja port through private sector participation. A total of 13 port projects (`410.51 crore) have been sanctioned.