D.K. Srinivas, Commissioner of Customs, Tuticorin Custom House, has urged stakeholders to work towards turning Tuticorin as a logistics gateway.
Speaking at the fourth edition of conference on logistics organised by the Confederation of Indian Industry here, he said supply chain management system has been playing a significant role in the logistics industry, which adopts new changes through outsourcing, information and technology.
“Logistics spending in India is estimated at around 13 per cent of gross domestic product. India has been ranked 46th among 155 countries in providing logistics services,” according to S. Natarajan, Chairman, V.O.Chidambaranar Port. Fuelled by consistent growth of economy and key industries such as automobile, engineering, pharmaceuticals, food processing and textile, the logistics sector is expected to grow by 2015. Overall port capacity is expected to grow at the rate of 13 per cent from 1,180 million tonnes in 2012-13 to 3,130 million tonnes in 2019-20.
There are plenty of opportunities for developing Tuticorin as a logistics hub of south India by creating world class warehousing, storage points, special economic zones, truck terminals, automobile workshops, recreational zones and commercial establishments. Countries with better logistics could grow faster, become more competitive and increase their investments.
Boosting logistics performance could expand trade to a considerable extent, Mr. Natarajan added.
C. Karthikeya Prabu, convenor, Logistics Panel, CII, stressed the need for laying a new bypass road linking Thalayoothu to a location beyond Manonmaniam Sundaranar University to ease cargo traffic congestion and doubling of railway tracks from Tutiorin to Madurai.
Gunasingh Chelladurai, Chairman, CII, Tuticorin, and S. Sankar Marimuthu, Vice-Chairman, spoke.