Saravanan's Blog

Port Wings is bringing out series of articles on the major issues pertaining to the EXIM sector every week till the Tamil Nadu Government’s Global Investors Meet (GIM). This week, we analyse about the importance of Tuticorin region in attracting investments. source:  http://www.portwings.in/articlesinterviews/global-investors-meet-time-for-tn-govt-to-focus-more-on-tuticorin-belt-as-industrial-hub/ Port Wings News Network: Tuticorin (also known as Thoothukudi) is situated at almost the southern tip of India and its major port located so close to East-West International Maritime Route. It is about 650 kilometers from Chennai and the nearest major urban centre is Madurai which is about 135 kilometers from the city. While the district’s road connectivity is relatively fair, its railway and air connectivity is very limited as far as the movement of freight is concerned. After Chennai region, Tuticorin is another largest industrialized region in the state of Tamil Na...

Source:  http://www.portwings.in/editorial/turbulence-in-trade-could-jeopardise-countrys-growth/ Port Wings Editorial, June 24, 2015: The latest data showing the sharp decline in trade for May 2015 has rattled the confidence of exporting community, which was pinning hope on new Foreign Trade Policy to help them out. Though the Government of India and its Commerce Ministry yet to grasp the whole situation, which is developing day-by-day in the current financial year, experts started sending out the louder signals that the turbulence is ahead and be ready for eventualities. When the new NDA government at the Centre led by Narendra Modi outlined its economic policy and even unveiled the new FTP in April, which was delayed by an year by the previous UPA government for want of perfect idea, the trade community was of the view that the phase of stagnation in the economy has gone and indeed a new dawn has descended on the country. However, the latest figures have forced th...

Source:http://www.portwings.in/ports/lt-kattupalli-port-comes-to-the-rescue-of-maersk-line/ Port Wings News Network: Sending direct signals to the Chennai Port management on a possible switch-over of calling port in the near future if the congestion and impromptu strikes by container trailers are not arrested in time , Maersk Line, which strongly vouches for reliability and adherence to its customers, suddenly decided to call at L&T Kattupalli Port instead of calling at Chennai port. According to sources, though the sudden change of port of call by Maersk Line from Chennai to Kattupalli (some 30 kms north of Chennai Port) on June 15 has been maintained as “ contingency plan ” due to continuing congestion and impromptu strikes by container trailers for the past few weeks, trade fraternity strongly feel that the “Message is served to Chennai Port management.” L&T Ports Kattupalli is a division of L&T Shipbuilding Limited, a joint venture company formed by Larsen ...

Source: http://www.portwings.in/editorial/bbin-motor-vehicle-agreement-a-right-step-ahead/ Editorial, Port Wings, June 17, 2015: India, which is regarded as the super power in the SAARC Region, has taken the right step towards creating a road corridor that would be beneficial to the whole ASEAN Region. The Bangladesh, Bhutan, India and Nepal (BBIN) Motor Vehicle Agreement for the Regulation of Passenger, Personal and Cargo Vehicular Traffic amongst BBIN, approved by the Union Cabinet few days ago, could be a real game-changer for the region as well as the mammoth country like India, if it is implemented in letter and spirit. The agreement, conceived and formulated by India after intense series of consultation with other stakeholders from Bangladesh, Bhutan and Nepal, also pops up an important indication of India's readiness to play a more determined leadership role in the SAARC Region. It’s a well known fact that South Asia with globally valuable markets is one of the...

Port Wings is bringing out series of articles on the major issues pertaining to the EXIM sector every week before the Tamil Nadu Government’s Global Investors Meet (GIM). This week, we analyse about the importance of Tamil Nadu Maritime Board in attracting investments. Source:http://www.portwings.in/articlesinterviews/tamil-nadu-maritime-board-needs-a-total-revamp/  Port Wings News Network: With the Tamil Nadu Maritime Board’s (TMB) policies for developing more ports in the state to become a true “Maritime gateway state of East Coast” shrouded in mystery, experts in Exim sector here feel that the Chief Minister J Jayalalithaa should revamp the entire board to meet the expectation of the trade and investing community. A few of them have even said that the Tamil Nadu Government could get more on the potential of maritime board from the Gujarat Maritime Board (GMB), which has earned laurels from various quarters for playing pivotal role in bringing in sustaine...

Port Wings is bringing out series of articles on the major issues pertaining to the EXIM sector every week before the Tamil Nadu Government’s Global Investors Meet (GIM). This week, we analyse about the importance of Coordination between Tamil Nadu and Union Government to ensure EXIM Trade.

Source: http://www.portwings.in/editorial/maggi-row-need-of-the-hour-is-the-holistic-approach/  Editorial in Port Wings, June 10, 2015: Ever since the Government of India pulled the plug on Nestle product Maggi noodles citing food safety and consumption issues, there has been a hue and cry over the status (rather quality) of MNC products across the country. As anticipated, media playing its role in fanning the crisis as something happening for the first time in the country. It was the state of Uttar Pradesh, which cracked down on the otherwise famously know 2-minutes readymade food, first more than a week ago. And the other states, starting from Kashmir to Tamil Nadu joined the band wagon and culminated their zest with either banning the product or forcing the shops to clear the stocks from shelves. While there is no question about the action that followed the flurry of reactions both online as well as off-line , the issue has opened Pandora ’s Box for the mu...

Source: http://www.portwings.in/editorial/editorial-without-support-from-states-centre-cannot-deliver-on-make-in-india/ Port Wings, June 03, 2015: During his visits to various countries in the last one year, Prime Minister Narendra Modi had made remarkable strides in convincing the investors over there on Make-In-India to invest in India. However,  his energy in convincing the overseas investors could go to drain if the Union Government is failed to convince the state governments here, who play an important role in land acquisition, relief and rehabilitation processes. The Constitution of India has not described India as a Federation. On the other hand, Article 1 of the Constitution describes India as a “Union of States.” This means, India is a union comprising of various States which are integral parts of it. The Constitution of India divides powers between the Union and the State governments. The Seventh Schedule of the Constitution includes three lists of subjects ...

As part of the Agenda Setting before the Tamil Nadu Government’s Global Investors Meet (GIM), scheduled to held in the month of September this year, Port Wings has planned to bring out series of articles on the major issues pertaining to the EXIM sector every week. This week, we analyse about the importance of Chennai Port -Maduravoyal Elevated Expressway. Source: http://www.portwings.in/articlesinterviews/improving-investors-confidence-cm-jaya-has-her-task-cutout/ Port Wings News Network: The inordinate delay in completing the all-important Chennai Port -Maduravoyal Elevated Expressway, which was primarily conceived as a permanent solution to growing congestion of heavy vehicles (container trailers and vehicles carrying ODC cargoes) plying between Chennai Port and outskirts of city via Chennai’s arterial roads, is not only killing the growth of EXIM trade in the region, but also demoralize the investors’ confidence on the Tamil Nadu state. As a cascading effect of the...