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#1001 |
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Registered User
Join Date: Nov 2009
Location: Vizag
Posts: 146
Likes (Received): 0
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City set to become shipping transport hub
With increasing demand and vast hinterland stretching over Odisha, Chattisgarh West Bengal and Madhya Pradesh, the port sector traffic in Visakhapatnam region is set to witness a quantum jump in the years to come. As of now, the two ports located in the city – Visakhapatnam Port in the public sector – the second largest port in India and Gangavaram Port – a minor port developed by Gangavaram Port Ltd (GPL) in 2009 under Public Private Partnership mode handle an annual cargo of 85 million tonne. The participants at the East Coast Business Summit held in the city sometime ago overwhelmingly felt that the region with deep draft facility offers a splendid opportunity for making a shipping hub on the East Coast. The direct flight availability to Singapore close on the heels of launching air-link to Dubai is also expected to facilitate easy access to investors world-wide. The ambitious Petroleum, Chemical and Petrochemical Investment Region (PCPIR) between Visakhapatnam and Kakinada, alumina refineries, proposed Greenfield oil refinery by HPCL along with other partners and the expansion programme of Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant, will further give a fillip to the development of the Visakhapatnam, very often dubbed as ‘City with a future.’ Realising the need to handle high volume of traffic, Visakhapatnam Port has already finalised a blueprint to handle 130 million tonne by 2016-17 with an investment of Rs.13,000 crore. The port handled a throughput of 67.41 million tonne during 2011-12. The Visakhapatnam Port Trust is in the process of finalising a consultant to prepare a harbour blueprint and layout at Mulakedu, near Bhimunipatnam for setting up a satellite port with an estimated investment of Rs.2,000 crore. Gangavaram Port is investing nearly Rs.1,000 crore to expand its handling capacity from 16.54 million tonne to 40.95 million tonne. Feasibility study RINL has engaged a consultant for a feasibility study on developing a captive jetty at Gangavaram to save freight cost. At present, it depends on Gangavaram port located on its backyard for transporting its raw material and finished products. Sources said the State Government is also keen to promote minor ports at Bhimunipatnam, Kalingapatnam, Bhavanapadu and other places in North Andhra to cash in on the growing demand for transporting cargo by sea. “The Look East’ policy and growth in the manufacturing sector, development of Special Economic Zones and industrial enclaves offer ample scope for growth and I am confident of a very bright future for port sector in the region,” Capt. Sriram Ravi Chander, COO of Vizag Container Terminal Pvt. Ltd. told The Hindu . State keen on promoting minor ports at Bhimunipatnam, Kalingapatnam and Bhavanapadu The ‘Look East’ policy will play dividends, says COO, Vizag Container Terminal Pvt. Ltd. SOURCE :- HINDU |
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#1002 |
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Registered User
Join Date: Nov 2009
Location: Vizag
Posts: 146
Likes (Received): 0
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Maruti Suzuki looking to set up stockyard in city
With the city emerging as a leading investment destination in the region due to its vast hinterland and good connectivity, Maruti Suzuki India Limited (MSIL), India’s leading car manufacturer, is now evincing interest in setting up a stockyard in the city to accelerate delivery of Swift DZire and its other popular variants. Confirming this to The Hindu during his maiden visit to the city, Maruti Suzuki Chief Operating Officer (HR, Finance & IT) S.Y. Siddiqui said on Wednesday the company planned to set up five region-specific stockyards to maintain stocks of cars and spare parts to speed up delivery time. The company has already started a stockyard in Bangalore and is in the process of setting up new stockyards in Nagpur, Ranchi, and Siliguri. Impressed by the investment climate in the city, Mr Siddiqui said he was examining the city as an option for a stockyard in the region for which MSIL was scouting for an ideal location. Mr. Siddiqui said with normality restored at Manesar and full production at Gurgaon, they were looking at raising the production to 1.8 million units a year. Land acquisition for Hasnalpur site near Mehsana in Gujarat has been completed. The facility envisages an investment of Rs.4,000 crore to roll out cars in 2015-16. He said Alto 800 launched recently had turned into a big hit with 14,000 deliveries and 48,000 bookings. “As we are not compromising on quality and technology, there is delay in delivery. Once we develop five stockyards and ramp up production in Gujarat, the speed of delivery will go up remarkably,” he pointed out. Earlier, during a visit to GITAM University, its president M.V.V.S. Murthi asked Mr. Siddiqui to consider establishing a car manufacturing unit in the city due to location of India’s premier port – Visakhapatnam Port and deep draft futuristic port Gangavaram in the region. SOURCE :- HINDU |
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#1003 |
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Registered User
Join Date: Nov 2009
Location: Vizag
Posts: 146
Likes (Received): 0
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Vizag turns into an ideal destination for investors
The visit of top envoys from the United States, Australia and the United Kingdom to Visakhapatnam in a short span of three months is recognition of the growing importance of the city as a destination for investment. Diplomats from eight ASEAN countries who attended a summit organised by CII, and those who attended the East Coast Maritime Summit made several proposals for investment. CII wants to develop Vizag as steel, IT and education hub. Improvement in internal and international connectivity, huge hinterland extending up to West Bengal and Madhya Pradesh, crime-free status of the city and its strategic location makes it a perfect place for investment in various fields. “The city has readymade infrastructure and it has lot of potential for investment in health care, education, research and development, fisheries and industries,” Michael Carter, Trade Commissioner & Consul Commercial, Australian Trade Commission, told The Hindu during his recent visit. The city is fast emerging as a hub for manufacturing and service sectors. Given the recent trend in industrial growth and in view of Telangana agitation, many are finding Vizag a safe bet. The city also has several centres of excellence. The development and promotion of Vizag–Kakinada area as Petroleum Chemicals and Petrochemical Investment Region further reiterates the need for better ties between the industries in Vizag and Industries in rest of the world, T.K. Chand, Director (Commercial) of Rashtriya Ispat Nigam Ltd, told this correspondent. Mr. Chand, who is the zonal chairman of CII, said the interest shown by many Indian and foreign firms to invest in Vizag, was itself a pointer to the growing importance of the city as an investment destination. VSP has almost completed its expansion from 3.1 to 6.3 million tonne with an investment of Rs.9,000 crore and has plans to upgrade its facilities and expand its capacity to 11 million tonne by investing Rs.22,000 crore. Vizag’s strength derives from a robust telecom and physical infrastructure, large pool of skilled manpower, strategic location, conducive policy coupled with proactive Government-backed initiatives, said G. Sambasiva Rao, Managing Director of Sravan Shipping Services Pvt. Ltd. “Certainly, these multiple facets of our engagement with global economy will help us propel its growth . Continued economic reform and liberalisation will help further boost this surging momentum and spread the benefits of rapid economic growth to more recipients across the State and India,” he said. SOURCE :- HINDU |
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#1004 |
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Registered User
Join Date: Nov 2009
Location: Vizag
Posts: 146
Likes (Received): 0
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City air cargo complex yet to take wing!
HINDU Nearly eight months after it went international, the Visakhapatnam Airport is not yet ready for international cargo exports. Red-tape is said to be coming in the way of airport development and unless something is done on a war-footing the development of the region will remain a cry in the wild. Undue delay The undue delay in commencement of round-the-clock operations and lack of facilities for export of international cargo is making new international airline operators as also cargo exporters to shy away from the airport. There is a huge demand for air exports from the city. The location of two ports – Visakhapatnam Port Trust and Gangavaram Port – in the city and two other ports at Kakinada indicate the tremendous export potential. In the absence of facilities to handle international cargo, the Air India flight to Dubai and the Silk Air flight to Singapore have been deprived of a chance to carry cargo to international destinations. Modifications to the old terminal building to convert it into a cargo complex is estimated to cost Rs.50 lakh and the work for ground handling is ready. The Airport Authority of India (AAI) Headquarters in Delhi has to place orders for procurement of equipment like scanners required by the airport. E. Sai Pharma is exporting around 2 tonnes of drugs to Tokyo every week from the city. In the absence of export facilities from here, the company is transporting the material by road to Hyderabad and from there by air. Customs clearance “A Drugs Controller has to be posted at the airport for clearance of the drugs meant for export. Customs clearance for exports is not a problem for us as we are located in the SEZ and our material is cleared by Customs officials at the factory itself,” Sunil Lamba, Managing Director of E. Sai Pharma told The Hindu on Thursday. “Silk Air is losing 2 tonnes of cargo a week due to the absence of dedicated cargo handling facility at the airport. Urgent need There is an urgent need to develop dedicated bulk cargo handling facilities,” says Rushikonda IT Parks Association vice president O. Naresh Kumar. One can only hope that the Vizag-based export cargo doesn’t take wings from other airports. There is a huge demand for air exports from the city Modifications to the old terminal is estimated to cost Rs.50 lakh |
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#1005 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1006 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1007 |
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Belgaum Admirer
Join Date: Oct 2008
Location: Belgaum
Posts: 27,640
Likes (Received): 898
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Excellent move
__________________
LOVE INDIA SERVE INDIA TIER TWO CITIES RAKSHAK
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#1008 |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1009 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1010 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1011 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1012 |
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Registered User
Join Date: Nov 2009
Location: Vizag
Posts: 146
Likes (Received): 0
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Vizag to become a major hub for port-based activity
With two more ports in the pipeline and the Visakhapatnam and Gangavaram Ports going on a massive expansion-spree, the city is set to emerge as a premier hub for port-based activity in next few years. ‘Look East Policy’ and Ministry of Shipping’s Maritime Agenda for 2020 have put development of Visakhapatnam on a fast-track. “With its strategic location, readymade infrastructure and the city turning into an ideal destination for investors, we are pretty sure that Visakhapatnam will soon find an important place on the world maritime map,” CII Vizag zone chairman and Rashtriya Ispat Nigam Limited Director (Commercial) T.K. Chand told The Hindu . Spurring the growth in and around the city, the public sector Visakhapatnam Port has become a beehive of activity with expansion and mechanisation going on in full gear. Ranked second in the country after Kandla, the Vizag port handled a throughput of 67.41 million tonnes during last fiscal. To make it most-preferred port of South East Asia, VPT has finalised a grandiose plan to increase its capacity by 10 million tonnes during 2012-14 and take it to 112 million tonnes by 2013-14. VPT Chairman Ajeya Kallam announced at the East Coast Maritime Business Summit held here recently that they would invest Rs.9,803 crore - Rs.13,939 crore on construction and modernisation of berths and Rs.2,112 crore on deepening of channels/berths -- to make Visakhapatnam Port truly world-class. To decongest traffic, VPT is in the process of finalising a consultant to develop a satellite port at Mulakuddu near Bheemunipatnam with an investment of Rs.2,000 crore. To start with, it will have four to five berths with a capacity to handle 20 million tonnes. “We will also put an end to dust pollution once the mechanised coal handling facility at the General Cargo Berth developed by Leighton Welspund and Vedanta in the Outer Harbour at a cost of Rs.675 crore is commissioned,” a senior official of VPT said. Gangavaram Port Ltd, formed by a consortium led by D.V.S. Raju, is investing Rs.995 crore to expand the capacity of the Gangavaram Port, built on Public Private Partnership mode, to increase the capacity from 16.54 million tonne to 40.95 million tonne. The construction activity is going on at brisk pace. GPL got a shot in the arm with Petronet LNG Limited signing an agreement to set up a LNG terminal with an investment of Rs.4,500 crore to have five million capacity in the first phase. The terminal is scheduled to be operational by 2016. RINL, the corporate entity of Visakhapatnam Steel Plant, has engaged RITES for conducting a feasibility study and is now trying to get the required clearances from the State government to go ahead with its Rs.1,000 crore investment on a Greenfield captive port on its own land with an initial cargo handling capacity of 18 million tonne. RINL is envisaging an investment of Rs.30,000 crore to raise its steel production to 12 million tonne per annum in next few years. “With such a huge hinterland and introduction of international flights to Singapore and Dubai and proposals for air connectivity with Bangkok, Colombo and Sharjah, the city has a bright future for port-based activity,” said Capt. Sriram Ravi Chander, COO of Visakha Container Terminal Pvt. Ltd. ‘Look East Policy’ and Ministry of Shipping’s Maritime Agenda for 2020 have put the city’s development on a fast-track The public sector Visakhapatnam Port has become a beehive of activity with expansion and mechanisation going on in full gear ![]() HINDU |
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#1014 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1015 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1016 |
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Registered User
Join Date: Apr 2012
Location: TN36-KA01-TN33
Posts: 308
Likes (Received): 8
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can anyone tell me which place is AP33 registration in VIZAG?
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#1017 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1018 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1019 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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#1020 | |
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Registered User
Join Date: Aug 2011
Location: Hyderabad, Bath
Posts: 9,317
Likes (Received): 646
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