Comments
The VOC Port in Thoothukudi has earmarked 1,689 acres of land for developing port-based industry.
This is based on the Shipping Ministry’s efforts towards achieving Aatmanirbhar Bharat by promoting port-led industries and attaining self-reliance in port infrastructure.
“Diverse industrial firms from fertilisers, petrochemicals, edible oil, LNG and wind blade sectors have expressed their interests to set up industries in port’s land,” said VOC Port Trust Chairman TK Ramachandran in his Independence Day address.
The VOC Port Trust also has plans to transform the port as a ‘transshipment hub’ in four phases at a total cost of Rs.7,000 crores, he said.
He congratulated all stakeholders, including trustees, port users, union leaders, employees and district administration, for helping the port handle 10.57 million tonnes of cargo during this current financial year up July 2020.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.