JNPT SEZ: A game changer for the maritime industry

JNPT SEZ: A game changer for the maritime industry

Jawaharlal Nehru Port Trust (JNPT) reached yet another milestone in SEZ development by issuing a Letter of Intent to nine successful bidders in JNPT SEZ.  The letters were handed over to the successful bidders by Unmesh Sharad Wagh, IRS, Deputy Chairman, JNPT in the presence of the CMPPD and other HOD’s. Also, Simosis International and Sarveshwar Logistics were felicitated as they became operational, taking the tally of operational units at JNPT SEZ to six.

The allotment of land for the industry is done through the e-tender cum e-auction process per policy guidelines for Port Guidelines for Land Management. The recent e-tender cum e-auction floated with the approval of competent authority on NIC, Central Public Procurement Portal (CPPP). As per the recommendation of the Tender Committee and approval of the competent authority, the nine qualified bidders in JNPT SEZ are Cineline India Ltd, Darwin Platform Logistics Ltd, Darwin Platform Shipping Ltd, Daund Sugar Pvt Ltd, ENVOPAP Pvt Ltd (Paper Plus Technologies Pvt Ltd), IG International Pvt Ltd, Maharaja Merchandise, MEIR Commodities India Pvt Ltd and SRS Pharmaceuticals Pvt Ltd.

Sanjay Sethi, IAS, Chairman, JNPT, said, “This is a great occasion for JNPT-SEZ, and we are confident of attracting more leading global companies for making India a manufacturing hub as the infrastructure development underway in JNPT SEZ is as per the international benchmark. JNPT is an infrastructure ready project with all regulatory approvals in place to facilitate new investors. JNPT SEZ will further enhance the ‘Ease of Doing Business’ and further promote manufacturing and directly contribute to making JNPT, the Port of Choice for the Exim Trade.”

The maritime industry has seen rapid growth in the last few years due to increased planned outlay of the government, improved infrastructure facilities, and greater access to global markets. JNPT-SEZ aims to slash cost, help move goods to and from ports quickly, efficiently, and cost-effectively to increase the competitiveness of Indian goods globally. Also, the companies setting their base can leverage the business benefits that the SEZ offers due to the proximity to the Port.

JNPT developed a multi-product SEZ in its owned freehold land of 277.38 hectare at Navi Mumbai. The multi-product port-based JNPT SEZ aims to boost exports by enabling port-led automation under the Sagarmala initiative of the Ministry of Ports, Shipping and Waterways.

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