Chennai, Oct. 7
INFRASTRUCTURE at the Tuticorin port should be enhanced on a fast track to make it a hub port, according to the Confederation of Indian Industry (CII).
Along with the speedy implementation of the Sethusamudram Ship Canal Project, the government should take up the special economic zone project at Tuticorin to exploit the emerging opportunities in exports, logistics and service-oriented industries, it said in a press release.
In a recent study on Industrialisation of Southern Districts in Tamil Nadu, the CII said that creation of a hub port would encourage the development of hinterland, service industries and enhance the competitiveness of export-oriented units by reducing the cost of imports.
The port, which has been growing at an annual growth rate of 6 per cent in the last nine years, should speed up the completion of projects, including construction of a north cargo berth to handle bulk cargo and development of a limited outer harbour, the release says.