'Mysore-Nanjangud industries will benefit from NMPT'

Acknowledging the presence of export oriented industries in Mysore-Nanjangud region, Deputy Chairman of New Mangalore Port Trust (NMPT), T S N Murthy said that it would be advantageous for the companies to transport their products from NMPT.

He was speaking at a trade meet and interactive session organised by NMPT and Mysore Chamber of Commerce and Industry (MCCI), as part of the formers business promotion drive, here on Saturday.

He noted that NMPT was already receiving cargo from industries in Nanjangud, with companies such as ITC and Nestle India opting to export their products from the port.

Noting that NMPT was among the top three performers in terms of cargo, he said that NMPT also provided hassle free documentation for companies.

Moreover, the port was less congested and provided transparent services to the companies which approached the port authorities, he said.

Speaking about the growth of NMPT during the past years, he mentioned that container traffic has been witnessing a steep growth.

The container port traffic had grown from 9,646 TEUs (Twenty foot equivalent units) in 2005-06 to 50,136 TEUs in 2013-14.

Apart from this, the frequency of arrival of container vessels too has increased, he said.
He noted that the port was also connected to railway network via Mangalore.

This enabled NMPT to connect to major industrial cities such as Chennai, Bangalore, Coimbatore and Mumbai.

Connectivity

Apart from these, NMPT had connectivity to several other cities of commercial importance, which was an added advantage, he said. Moreover, a HMRD line connecting Mangalore to Bangalore had also increased a flow of cargo to the port, he added.

The government was concentrating its efforts towards the development of road in the Shiradi Ghat stretch, which would be a boon for industrialists from Mysore, Hassan and Madikeri region, as the problems with transportation would be solved, he said.

NMPT chairman PC Parida, MCCI chairman A S Satish and others were present.