Premium Essay

Mpsez Report

In: Business and Management

Submitted By saleem2411
Words 2940
Pages 12
Report on MPSEZ Visit


Saleem Ali

IPR Course, Quarter 1

Dr. Preeta Vyas

September, 29, 2011.

Mundra Port first commenced operations in 1998 with one berth. Today MPSEZ (Mundra Port and special economic zone) is the largest and one of the most efficient private ports in India. The major contributing factors to the astounding success of Mundra Port are as follows: 1. Ready Availability of Cargo: The primary purpose of any port is to facilitate the smooth movement of cargo and related ships. In fact one of the parameters for measuring the efficiency of a port is to measure the time as to how fast a particular cargo/commodity is moved to/from the port. The faster the movement the more efficient is the port. As Adani Group was already in trading business and thus had ample cargo waiting for efficient movement so the port so constructed was bound to succeed. The existing port facilities were poor and inadequate at that time and hence the trading business of Adani group was suffering due to lack of such port. 2. Strategic Location: Mundra Port is strategically located in Northern Gulf of Kutch and provides a convenient international trade gateway to Europe, Africa, America and the Middle East. It also has a large land area available for development, part of which is now the Mundra SEZ which proposes to attract port-led industrial development. Thus though initially the scope of port was just a captive jetty for Adani Group, but there was always huge scope for growth to a multi-user port facility from the very beginning. 3. Natural Deep Draft: The biggest maritime factor and USP for continued growth of Mundra Port has been the availability of natural deep draft. The port is blessed with an all round draft of 17-17.5 meters. The deep draft means that the port can safely handle all sizes of ships in channel and alongside the...

Similar Documents

Free Essay

Special Economic Zones

...SPECIAL ECONOMIC ZONE (SEZs) with example of MUNDRA PORT & SPECIAL ECONOMIC ZONE, GUJARAT (MPSEZ) Submitted by:- Executive Summary Special Economic Zones (SEZs) were established in many countries as testing grounds for implementation of liberal market economy principles. SEZs are viewed as instruments enhancing the acceptability and credibility of transformation policies, attracting domestic and foreign investment and also for the opening upon the economy. SEZs in India seek to promote the value addition component in exports, generate employment as well as mobilize foreign exchange. Globally, many countries initiated Free Trade Agreements (FTAs)which eventually led to a spurt in investments in infrastructure developments for Free Trade Zones (FTZs) and SEZs. A close examination of the evolution of SEZs in countries with similar economies as India eg; China, Iran, UAE and Jordan, will help us to understand their success stories and thereby implement those factors, in order to curb the SEZ bottlenecks faced by India today. The Shenzhen SEZ in China is a perfect example of a SEZ success story. In India, the government has been proactive in the development of SEZs. They have formulated policies, reviewed them occasionally and also ensured that ample facilities are provided to the SEZ developers as well as the companies setting up units in SEZs. These favorable conditions resulted in the biggest ever corporate rush for the......

Words: 5398 - Pages: 22

Premium Essay

Port Management

...Adani Institute of Infrastructure Management PGPIM Batch III - 2011-2012 Report On Mundra Study Visit Submitted By Kislay Kumar Mundra Study Visit- Report Introduction-Mundra Port & SEZ MPSEZ Limited manages the largest privately developed port in the country. The company has also developed a multi-sector SEZ adjacent to this port area in Kutch area. The port project was initiated in 1998 by the Adani Group as o logistics base for the international trade operations when the sector was opened for private sector Today , Mundra Port handles close to 55 Million Tonnes of cargo ranging from Bulk Cargo,wheat,fertilizer,steel,edible oil,coal,chemicals,petroleum products to container cargo, Automobiles & Crude oil & targets 100 million by 2012-13 & 200 million by 2020. The port has been developed using state of the art technologies, facilities & services benchmarked to international standards, and making the most of its geographical & hydrological advantages. Positioned on the west coast of India, the port & SEZ is ideally situated for Exports to African, Middle Eastern & western countries besides being conveniently located to service the huge hinterland of Northern India, which account for two-thirds of India’s GDP. Mundra follows the following principle which has given them the edge over the other competitors:- We follow the principle “Berths should wait for the ships, not......

Words: 1996 - Pages: 8