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Kerala State Productivity Council and Falcon Infrastructures Ltd are jointly organising an international seminar highlighting the opportunities in logistics and supply chain management.
investment opportunities
The seminar titled “New Trends in Logistics – Gateway to Fast track prosperity” will be held here at CIAL Trade Fair Centre from July 13-15.
Addressing a press conference on Wednesday, Mr N.A. Muhammed Kutty, Managing Director, Falcon Infrastructures Ltd, said that the seminar is organised as a curtain raiser to the Emerging Kerala event, showcasing the investment opportunities of the state before global investors.
Latest trends in logistics, discussions, B2B meets and the like are planned as part of the seminar, he said.
The Ministry of Shipping, Concor, Central Warehousing Corporation, Inland Waterways Authority of India, Cochin Port Trust, DP World, Department of Ports, state government departments such as KSIDC, KINFRA, INKEL are supporting the seminar.
He pointed out that Kerala has not fully capitalised the potential of logistics sector even though it has a lot of opportunities.
Except the construction of a couple of container freight stations, he said no other investment worth mention happened in the state in the logistics sector.
He said that the possibilities of the sector will boom with the completion of projects such as LNG Terminal, commissioning of various minor ports and the work on the National Waterways in the Kollam- Kottapuram stretch.
Speaking on the occasion, Dr C. Unnikrishnan, Traffic Manager, Cochin Port Trust, said that the port is in the process of creating a conducive environment to set up ventures connected with various port-related activities.
The proposed free trade warehousing zone, re-designing of Willigndon Island for the benefit of port users, tea trade centre are some of the steps taken by the management to cater to the exim trade in the region, he said.
Mr K.K. Krishnadas, Chief Executive Officer, DP Word, Kochi, pointed out that though the Cochin Port Trust was the first port to handle container cargo in 1973, it had not progressed as fast as the other ports in handling containerised cargo.
Emphasising the need to set up more container freight stations to cater to the shipping-related activities, he said that neighbouring ports have more number of CFS in their vicinity, whereas Kochi is having only 2.
The port needs more number of CFS to cater to the exim trade in the region, which will not only create job opportunities but revenue to the state.
DP World has already invested Rs 1,200 crore at ICTT Vallarpadam and the company is ready to pump in more investment once the trade flourish here, he added.
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