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Viraj Group invests Rs. 90 crores to provide logistics facilities

India Blooms News Service | | 07 Aug 2014, 08:11 pm
Mumbai, Aug 7 (IBNS) Viraj Profiles Ltd, the $ 1.5bn leader in stainless steel long products, after its successful operations at CFS, Nhava Sheva has extended its logistics arm by setting up its Inland Container Depot – Vaishno Container Terminal at Tarapur, Maharashtra.
Set up at an investment of Rs 90 crores, the Inland Container Depot (ICD) is located at Tarapur- Boisar, in Thane district, at a distance of 150 Kms  from the Nhava Sheva Terminals and 128 Kms from Mumbai Port Terminal , with a travel time of 4-5 Hrs , ensuring smooth transportation between ICD to Gateway Ports.
The facility was inaugurated by   V S Krishnan, IRS, Chief Commissioner of Central Excise, Service Tax and Customs.
 Connected by rail and road with the Nhava Sheva Terminal , the Vaishno Container Terminal has paved  yard of 11.4 acres for container stacking  handling up to 5000 TEU's per month, with adequate warehousing space of 33000 Sq.ft for Import/Export, LCL/FCL warehousing, as per requirement. State of the art container/cargo handling equipment, trained manpower and its close proximity to the gateway ports are some of the key points which will contribute towards the success of the ICD. Maintenance and repair (M&R) facilities are available for all kinds of repairing, cleaning and sweeping, along with world class safety and security systems.
 The western highway being of India’s busiest industrial corridors, facilities providing services resulting in efficiency and reduced costs are a big boon, providing much needed competitive advantage to businesses. The Vaishno Container Terminal apart from its proximity to Mumbai Port Terminal and Nhava Sheva Terminal, provides customs clearance facility near the centre of production and consumption, reducing the clearance time considerably and doing away with the necessity of customs at getaway ports. Reduced demurrage, pilferage and logistics cost, add to the facilities attraction for commercial units. Import containers are de-stuffed   and can be retained at the depot, reducing empty container repositioning cost to zero. Export containers can be provided for dock stuffing/factory stuffing, reducing empty container transportation cost.
 Speaking on the inauguration,  Neeraj R Kochhar, Chairman and Managing Director, Viraj Profiles Ltd., said , “ Being associated with manufacturing for a long time, we realize how important it is for businesses to focus on their core activities and not get distracted by routine tasks, which can be very time consuming and expensive. As businesses get more globalized, competitiveness is key.
"The Vaishno Container Terminal, at Tarapur providing with an initial investment of Rs 90 crores. Our mission is to provide one stop shop in logistics and deliver operational excellence to the manufacturing units in and around the area. Providing a host of benefits like reduced customs clearance time, transportation and logistics cost, demurrage and pilferage clubbed with state of the art equipment and trained manpower, the facility is one of the most advanced in the country. We are quite optimistic about the need for more such facilities across the country and would be exploring some more locations to open new container terminals, demonstrating our commitment to the sunrise industry.”