JNPT aims strategic expansion plan

Mumbai, Mar, 12 (EPC News): Government owned Jawaharlal Nehru Port Trust (JNPT) has laid its vital plans to increase its capacity manifold in coming years by increasing efficiency, reducing costs and energy consumption, building another mega terminal, creating a 2000 acre SEZ etc.

"This projected plan will help the company in reaching to the full capacity 21 million TU from 4 million. Currently, JNPT handles almost half of the country’s sea freight," says L Radhakrishnan, Chairman of Jawaharlal Nehru Port Trust. He was speaking at the interactive seminar on Logistics organized by the Confederation of Indian Industry (CII).

According to him, improving logistics can boost GDP by as much as 1.5%. "The pressure will only grow as trade doubles in a few years,” he adds. 

“India thus needs to triple its infrastructure in the next 15 years. He further emphasized the participation of private sector more than the government to extend their support in helping reach the capacity of global standards."

EPC News Bureau

Posted by: epcworld | Posted on:3/12/2012 at 5:02 PM