Featuring a massive infrastructure, the mega port at Mundra is a major economic gateway that serves India’s northern hinterland with multimodal connectivity. In addition to its deep draft and all-weather engineering, the port has world-class infrastructure, including a large coal terminal that provides faster cargo evacuation and reduced turnaround times.
Due to its strategic location, Gujarat has easy access to markets in the Middle East, Western Asia, and Africa. In India, the state’s coastline measures 1600 km, the longest among all states. In addition to the shortest logistics connection to the hinterland of North-Western India, Mundra is ideally suited for product evacuation. Mundra Port is ideally located for easy access to all major destinations, including.
Delhi, Rajasthan, Gujarat, MP, Haryana, Punjab, and HP for export of cargo. It is well connected to all major global spots through the sea – the Middle East, Europe, the U.S., Africa, India, the Far East, and Southeast Asia.
The Mundra Port is the largest and busiest Port of India. It is located in the north of the gulfs of Kutch which is in Gujrat.
The Mundra Port has 8 multipurpose berths and a draft range of 15 meters to 30 meters. You must be familiar with the handling system of India’s ports (each port has a list of commodities it handles) Mundra Port allows imports of Coal, Iron Ore Minerals, Containers, Fertiliser, etc, for export it allows Clinker, Salt, Automobile, etc.
As we have already discussed that it is (Mundra Port) is the largest port in India which also makes it capable of handling super post-Panamax and Cape size, this port also has SPM which is capable of handling VLCCs and ULCCs.
Mundra Port ( formerly known as Gujarat Adani Port Limited) comes under ADANI GROUP which was founded in 1988 when ADANI GROUP was being taken care of by Mr. Gautam Adani and the company was incorporated with the name GUJARAT ADANI PORT LIMITED on 26 May 1998. After the incorporation of the company, they ran it with the same name ( GUJARAT ADANI PORT LIMITED) till July 2006. As on July 7, 2006, the name Gujarat Adani Port Limited was changed to the current universally recognized name MUNDRA PORT
In addition to the government of India’s benefits, the state of Gujarat has designed a policy that offers a variety of incentives to SEZ industries. Due to the following details, the SEZ provides excellent flexibility:
Single window clearance for the statutory requirement.
Waiver of the export consignment on self-certification
100% FDI permitted through the automatic approval route except for the negative list
Relaxed labour policy specifically for SEZ units ( as per Gujarat state labour policy of SEZ)
Freedom to realize and repatriate export proceeds within 12 months
No limit on the quantum of DTA sales.
The foreign investment allowed for items generally reserved for the small-scale sector
Contract manufacturing permitted with United the SEZ or in other SEZs
Land: There are currently two notified Multi Product SEZs spread over an area of 6473 Ha and a free trade and warehousing zone (FTWZ) spread over an area of 168 Ha in Mundra special economic zone. The zone has a total planned area of 15,000. The Mundra Special Economic Zone allows industries to choose plot sizes that suit their projects.
Internal Road: In Mujhe SEZ, an extensive route network has been designed to provide smooth access to the port, processing zone, non-processing zone, and commercial warehousing zone. An east-west and north-south road network with high-quality services has been developed as part of the proposed development plan. All roads in the zone are designed according to the IRC standard code and safety norms. An additional 20 kilometers of road length will be developed within the SEZ, including arterial, sub-Arenal, and internal roads.
In the above blog, we have made you familiar with Mundra Port History and it’s a bit about Mundra SEZ, for the future, we are coming up with information regarding the area and equipment of Mundra Port in the upcoming blog. Till then stay connected with us through our website or the below-provided contact details.+91-9311595648 | cargodeal@falconfreight.com
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