Friday, July 19, 2013

Governor hopeful of India making a mark in shipping industry


Dr.K.Rosaiah, Governor of Tamil Nadu (third from right), releasing the concept note and souvenir of the CARGO SCOPE -2013 - International Conference and Exhibition in Chennai on July 19. Dr.Palani G Periasamy,Vice President, the Southern India Chamber of Commerce & Industry (SICCI) received the first copy. Also seen (from left) Mr.A.V.Vijayakumar,President, Chennai Customs House Agents' Association (CCHAA), Mr. Raghu Shankar, Chairman , SICCI Shipping Committee, Mr.GRK Reddy, Chairman, MARG Group and Dr. Jose Paul, Conference Chairman, Cargo Scope 2013.

With increase in cost of capital, high wage cost etc. the logistics industry should come forward to create new business models with innovative ideas which are sustainable, Dr. K. Rosaiah, Governor of Tamil Nadu, has said.
Addressing the gathering of maritime fraternity during the inauguration of ‘Cargo Scope – 2013’- International Conference & Exhibition” here on July 19, organized jointly by Southern India Chamber of Commerce & Industry (SICCI), Chennai Customs House Agents’ Association (CCHAA) and EXIM India, Dr. Rosaiah stated: “There is tremendous potential in the coastal shipping and inland waterways sector which remains untapped.”
Putting all the available financial and human resources to optimal use in the service of the nation is necessary and the Indian shipping industry with proactive leadership and its spirit of entrepreneurship, is all set to emerge as one of the leading shipping industries in the world, the Governor added.
Stressing the real importance of the maritime sector for sustained growth of any country, Dr. Rosaiah pointed out: “Shipping has always played a significant role in the history of a nation, not only during times of peace, but also during conflict. It is said that a nation that controls and conquers the seas rules the whole world.”
Speaking on the current scenario in the field, he observed: “Global maritime industry and the Indian shipping trade in particular is passing through one of the toughest challenges. The international economic scenario as well as domestic situation is highly volatile and the present fluctuation in the exchange rate is adding a new dimension.”
The Governor also expressed hope that the situation would change in the sector very soon and the maritime trade across the globe would return to normalcy with its usual bustling.
In his key-note address, Mr. G. R. K. Reddy, Chairman and Managing Director of MARG Group, spoke about the emerging potential for the ports across the country.
“While we have huge potential for the port sector to grow leaps and bounds in our country, certain Government policies including the process of land acquisition act as impediments to growth in that sector,” he remarked.
He also expressed happiness that the non-major ports on both east and west coast of the country (earlier called as minor ports to distinguish from Central Government’s Major Ports) are fully geared to tap the emerging potential with their capacity enhancements.
In his opening remarks, Dr. Jose Paul, Conference Chairman, spoke on the need for having such conferences in our country at periodical intervals. He noted that China is fast progressing in the maritime field and India, as a neighbour of that Asian giant, has to catch that nation if it wants to achieve its dream of Asia’s strong economy.
Mr. G. Raghu Sankar, Chairman, SICCI Shipping Committee, informed the audience about the theme of the conference and gave an overview of the programmes and different thought-provoking sessions on shipping, ports and logistics.
Earlier, Dr. Palani G. Periyasamy, Vice-President, SICCI, who welcomed the guests, explained the role of the conference in moulding the policies for shipping sector in the country. Mr. A. V. Vijayakumar, President, the Chennai Custom House Agents Association, proposed a vote of thanks.

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