A full-fledged and dedicated container terminal at the Paradip Port has remained a dream for the industry and trade in the state of Odisha. Though Paradip Port is considered as India’s second largest state-owned port in terms of volumes handled, it is majorly a bulk port and the dream of developing a dedicated container terminal at this port has remained elusive.
Speaking at the recently concluded Logistics Summit in Bhubaneswar, organized by the Confederation of Indian Industry (CII), Venkateswara Rao, Head of Logistics at Jindal Stainless, said, “A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as INR 20,000 crores worth of business to the state exchequer.”
““The establishment of a container terminal at Paradip will facilitate better resource utilisation, reduce idle time, enhance profitability and create employment opportunities. Furthermore, the adoption of eco-friendly transportation will lead to a remarkable 400% reduction in carbon emissions, in line with the country’s Net Zero ambitions,” Rao said.
The summit was attended by Minister of Commerce and Transport,Water Resource, Govt of Odisha, Smt Tukuni Sahu; Principal Secretary of Commerce and Transport, Govt of Odisha, Smt Usha Padhee, IAS; HAG/IRSE, Principal Executive Director (PED), Gati Shakti, Shri Anil K Khandelwal; and Chairman, Paradip Port Trust, Shri P L Haranadh, IRTS, among others.