MSIL (Maruti Suzuki India Limited) has gotten into an agreement with MPSEZL (Mundra Port and Special Economic Zone Ltd.) for a big car terminal at Mundra Port in Gujarat for exports.
The investment for the plan is estimated at Rs. 100 crores out of which 40 crores is to be invested by Maruti. The other 60 crores will be chipped in by MPSEZL for 35-acre car stockyard and a buffer area for the cars to be parked before they are loaded on to ships. The port will also have A Roll-on-Roll-off or RoRo belt to ensure least damage to the cars.
While speaking about this new agreement, the MD for MSIL Mr. Shinzo Nakanishi said, “Maruti Suzuki is ready to play a much greater role in Suzuki’s global operations. We have the technology and the skills to build top quality cars for the international market. But our export ambitions need infrastructure support on the ground and this initiative will be a big step forward in filling that gap.”
Mr. Gautam Adani, MD MPSEZL said, “We are pleased to develop cost effective Roll-on-Roll-off (RORO) terminal for facilitating automobile export by Maruti Suzuki, the largest car manufacturer in India. Our RORO terminal at Mundra will provide cost competitive support to Indian automobile industry for international trade and our aim is to make Mundra a hub for automobile exports.”