On a day-long visit to Ahmedabad, the Kazakhstan ambassador to India, Yerlan Alimbayev, reportedly emphasised on setting up a jetty along the Gujarat coastline dedicated exclusively for trade with the country.
According to reports, financial support is being provided to all the ports and state governments for creation of infrastructure to promote movement of cargo and passengers by sea or National Waterways under central sector scheme – Assistance to Coastal Shipping Berths.
Essar Ports has received approval from Gujarat Maritime Board (GMB) to handle 15 mn tonne of merchant cargo over three years with the company-'s Hazira terminal handling dry and liquid bulk along with containers.
Essar Ports, India's second-largest private sector port and terminal company, is set on a major capacity expansion. The company aims to shore up its capacity to 158 mtpa over the next few years. It recently signed an MoU with the Gujarat Maritime Board for expanding the capacity at Hazira port and the yet to be commissioned Salaya port, both in Gujarat.
Infrastructure development is powering ahead in the state of Gujarat, reports JANAKI KRISHNAMOORTHI. Here's the thing... when players in the infrastructure game speak of G-force, they're not referring to gravity - for them, 'G' stands for Gujarat! Dubbed the 'Growth Engine of India', the state's infrastructure juggernaut, which is now driving economic and industrial growth, continues to thunder on.
Gujarat Maritime Board (GMB) handled cargo with a 193.18 mn tonne capacity in the third quarter (April 2011 to December 2011) compared with 169.95 mn tonne handled in the corresponding period of the previous year, achieving a growth of 13.66 per cent.