Gujarat Pipavav benefits from rising auto exports; handles 1 lakh automobiles
MUMBAI: APM Terminals Pipavav, a port in the Gujarat region run by the APM terminals handled 100,000 automobiles at the port's Roll On-Roll Ogg (Ro/Ro) facility, twenty months after the facility was introduced in August, 2015.
The port has benefited from exports from the fast-growing automotive industry. India's passenger car exports have grown by 46% over the previous five years to a record 654,000 in 2016 and an investment of $3 billion is expected in Gujarat alone by OEMs by 2020.
Serving the many auto-manufacturing facilities located in Gujarat by automotive giants like Ford Motor, General Motors (GM), Suzuki Motors and Tata Motors, the port has been able to capitalize on the export-oriented production taking place in the state.
"With the Indian government's 'Make in India' initiative, we have seen a surge in automotive manufacturing investment in the Sanand, Hansalpur and Vithalapur belt in Gujarat, and our modern and efficient Ro/Ro facility can play a major role in India's emergence as a major automotive exporter," Keld Pedersen, MD, APM Terminals, said.
APM Terminals Pipavav or Gujarat Pipavav is the first port in India to run on a public-private partnership (PPP). While it has good connectivity to Gujarat, it is also well connected to northern hinterlands and handles bulk and liquid cargo, containers as well as RoRo.
The port has benefited from exports from the fast-growing automotive industry. India's passenger car exports have grown by 46% over the previous five years to a record 654,000 in 2016 and an investment of $3 billion is expected in Gujarat alone by OEMs by 2020.
Serving the many auto-manufacturing facilities located in Gujarat by automotive giants like Ford Motor, General Motors (GM), Suzuki Motors and Tata Motors, the port has been able to capitalize on the export-oriented production taking place in the state.
"With the Indian government's 'Make in India' initiative, we have seen a surge in automotive manufacturing investment in the Sanand, Hansalpur and Vithalapur belt in Gujarat, and our modern and efficient Ro/Ro facility can play a major role in India's emergence as a major automotive exporter," Keld Pedersen, MD, APM Terminals, said.
APM Terminals Pipavav or Gujarat Pipavav is the first port in India to run on a public-private partnership (PPP). While it has good connectivity to Gujarat, it is also well connected to northern hinterlands and handles bulk and liquid cargo, containers as well as RoRo.
