NEW DELHI has increased the number of ports from 12 to 14 through which new vehicles can be imported to help reduce pressure on port and transaction costs of companies engaged in the trade, reports Press Trust of India.
"Two new customs ports - Kattupalli Port and APM Terminals, Pipavav Port - are being added to the list of 12 existing ports/ICDs [inland container depots], thereby taking the total number of ports/ICDs to 14, for importing new vehicles," said the Directorate General of Foreign Trade (DGFT) in a statement
New vehicles are imported through eight seaports, three airports, Mumbai Air Cargo Complex, Delhi Air Cargo, Chennai Airport as well as three ICDs at Telegaon Pune, Tughlakabad and Faridabad.
Also eight seaports, including Nhava Sheva, Mumbai, Kolkata, Chennai, Ennore, Cochin and Kattupalli are open as well.
India, a major hub of automobile manufacturing in the world, mainly imports high-end vehicles and parts. The number of commercial and passenger vehicles imported into the country is small in number, said the report, adding that 1,210 trucks and buses were imported into India between April and November last year.
PORTS
06 April 2015 - 21:11
India increases number of ro-ro ports from 12 to 14 to relieve pressure
NEW DELHI has increased the number of ports from 12 to 14 through which new vehicles can be imported to help reduce pressure on port and transaction costs of companies engaged in the trade, reports Press Trust of India.
PORTS
06 April 2015 - 21:11
India increases number of ro-ro ports from 12 to 14 to relieve pressure
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