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A glass full of corruption The Swadeshi Trump Computation of GDP – conundrums continue CRS, a jewel among managers, is no more. No engine for this car All eyes on Sankara Nethralaya When nations steal growth from one another… WTO Meet: resolved to meet again When online building permits work…. Shanti and Sadhana through Music More heat than light This scant respect for Law Modi storms Silicon Valley A yen for wastage… Don’t seem to feel the pulse… Permanent secretariat for TN GIM Welcome thrust on trade in Modi’s foreign visits... Protest masters... For whom the bell tolls? Pharma – overdose of copying Where a state respects its litterateurs… How Air-India loses customs... Quality education through the PPP mode Chennai and Kolkata miss opportunity to grow as Delhi and Mumbai Scientists urged to take up farmer-oriented research The few handicaps... 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He saved millions from starvation... EVM is tamper-proof The balancing act TN accounts for the largest recruits by the IT sector A proud Madrasi L&T: focus on infrastructure and more infrastructure… Inflation: are we emulating Argentina and Brazil? Small units prefers to remain small... Fall in crude prices help in oil sector reform Solar thermal shines… Welcome changes that testify to Jayalalithaa’s return to health The why of tax incentives Tatas moving out of urea production... A C Muthiah – his munificent bequeaths to science F C Kohli - his concerns all embracing No mega rail project for Tamil Nadu Waning interest in public discussions… Multi-faceted Venkat Excel Generators provide the vital back-up Russi Mody – a tribute Online not in line with brick and mortar businesses... Wise Presidents S Ramanathan – a versatile musician, musicologist Welcome GST Bihar – Nitish Kumar adopts the Lalu model Alexa – Talking Wikipedia ONGC at KG Basin Medical costs hit the roof... 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The industry which thrived on the protection of a closed economy and the advantage of a vast domestic market, has failed to organise its evolution on healthy lines CII projects higher growth… Convulsions in The Hindu Banning booze... Editor's Says Put expensive assets created to use... Where is Rajaji? Cleaning Ganga – relocate tanneries and install electric crematoria Why land prices zoom in TN? Five star activism stalls development activity Air Asia India will set new benchmarks for budget travel Odisha: spectacular win by Naveen Patnaik TN-leverage strength of BHEL, NLC... Godspeed, Chief Minister JJ Tihar, Puzhal not different from Parappana Agrahara Poor quality of university VCs Dr C Rangarajan returns to Chennai An enemy’s enemy is a friend Naidu’s return augurs well for Seemandhra Eternal support for capitalisation of PS banks Revive development banks... Which side are you, Montek? Rahman at CIC MHC should not return to its old indisciplined ways Naidu will soon build a new Hyderabad More tributes to GR Diamond jubilee of Egmore Samskrt School The rise and fall of Annamalai University Infrastructure funding – lessons learnt Delhi is distant… L&T- the specialty of special purpose vehicles Liberal imports idling indigenous capacities Editor's Notes Not just in-laws (and outlaws); they’ve renowned academics at the helm! New IT products of Ramco in the pipeline… S V Raju – a ‘good’ true liberal PC’s preference for professionals Of course, Gujarat is vibrant Tribute – Manikam Ramaswami Sri Lanka votes for change Contrarian cousins Delhi is distant Insurance companies bleeding, yet no decision on increasing FDI limit! …and of a popular trade leader GNS - 100: our first subscriber Tax agriculture Adharma of opposition politics Wanted: a second airport for Chennai Fortune for Indian Airlines Delhi Chalo...
 
Shipping woes of Chennai companies

WIL’s Srivats Ram expressed concern over the long time taken to ship consignments through Chennai Port. The turnaround of vessels takes long with eastern ports being served by feeder lines with transhipment at Colombo or Singapore for destinations in Europe, US and elsewhere. The absence of direct services to these destinations with higher costs involved in transhipment impacts on exports. This is a big concern in the context of the huge increase in engineering exports from Tamil Nadu. Ram pointed to three TVS companies alone accounting for export volume of over Rs 2000 crore a year. Murali pointed to another Rs 1500 crore of exports by castings and forgings industry. Major automobile producers – Hyundai Motors, Renault-Nissan and Ford Motor Company – among them, export annually around 400,000 cars; plus there are exports of commercial vehicles by Ashok Leyland. The value of automobile exports could thus be in excess of Rs 20, 000 crore. Surprisingly, port facilities have not been keeping pace with such booming exports.

This is surprising in the context of four large ports operating in the vicinity of Chennai – Chennai Port, Ennore Port, L&T’s Kattupalli Port and Krishnapatnam Port in Seemandhra. Despite the Union Ministry of Shipping headed in the recent decades by MP from Tamil Nadu (TR Baalu and GK Vasan), one did not witness much dynamism in regard to leveraging the rich facilities created. Sadly, the state government has also been indifferent to exploiting this huge potential.

There are expectations on the dynamic Chief Minister Chandrababu Naidu of Seemandhra attracting a lot of traffic from Tamil Nadu. With the capital of the new state located near Vijayawada, this port will receive a lot of attention.

 

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