The Hindu Business Line : Tuticorin trade for an export-oriented Budget

INDUSTRIALISTS and traders in Tuticorin expect the Union Finance Minister, Mr P. Chidambaram, to present a Budget that augments buoyancy in the export front and gives a boost to industrial activity in the area.

According to the Secretary General of the All-India Chamber of Commerce and Industry, Mr Raja Sangaralingam, port charges such as wharfage, which are very high at the moment, need to be reduced. Tuticorin airport needs to be reactivated otherwise the export potential of the town could get hindered. Mr D.R. Kodeeswaran, Secretary of Indian Chamber of Commerce and Industry, said the proposal for establishing a Special Economic Zone near Tuticorin should be expedited, as it would become a destination for industrial investments.

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