





























See Pg. 6
MUMBAI : (022)22661756 / 1422, 22691407
AHMEDABAD : (079) 26569995, E-Mail:dstgujarat@gmail.com
SUBSCRIPTION : 1600/-
KANDLA : (02836)222665/225790, E-Mail:dstimeskdl@gmail.com GUJARAT + NORTH INDIA
See Pg. 6
MUMBAI : (022)22661756 / 1422, 22691407
AHMEDABAD : (079) 26569995, E-Mail:dstgujarat@gmail.com
SUBSCRIPTION : 1600/-
KANDLA : (02836)222665/225790, E-Mail:dstimeskdl@gmail.com GUJARAT + NORTH INDIA
GANDHIDHAM: WINWIN Group, a prominent leader in the Global Shipping Industry, proudly commemorates its 10th anniversary this year. Over the past decade, the company has established itself as a key player in the shipping and logistics sectors, maintaining a strong presence throughout India and globally with its Own Office Presence in more than Five Countries With a steadfast commitment to Excellence and Innovation, WINWIN Group has distinguished itself by providing World-Class Shipping Services, particularly in the Non-Vessel Operating Common Carrier (NVOCC) sector
Pg. 10
Deendayal Port Authority, Kandla sets New Record for Salt Handling, Surpasses All-Time High
G A N D H I D H A M : Deendayal Port Authority,
Kandla continues to reinforce its position as a trade-friendly hub, achieving yet another milestone in cargo handling Cont’d. Pg. 21
MUMBAI: The Principal Commissioner of Customs (General) Mumbai has recently approved the 3rd Chemical Berth (TCB) at Pir Pau, Mumbai Harbour as Customs Notified Area
It has now becomes a certified place for unloading of all types of imported cargo and loading of all types of export cargo other than Liquified Petroleum Products (LPG), subject to the condition that EDI connectivity shall be provided at Third Chemical Berth (TCB) at Pir Pau, Mumbai Harbour in the interim period, and strict observance of the HCCAR 2009 (as amended)... Cont’d. Pg. 19
Cont’d. from Pg. 4
WINWIN has successfully navigated major International Trade Routes through its extensive fleet of containers (Own/ Leased /Agency) and broad agency network. Key regions served includes Southeast and Far East Asia, East Africa, the Indian Subcontinent, Gulf and Upper Gulf regions, Russia, and the Mediterranean.
WINWIN from its humble beginnings, has evolved into a global shipping powerhouse, establishing a strong presence across critical shipping lanes. The company's strategic expansion into Southeast Asia, East Africa, and the Mediterranean regions highlights its adaptability and deep understanding of global trade dynamics. With a modern fleet and cutting-edge logistics solutions, WINWIN ensures seamless cargo movement and efficient supply chain management, consistently meeting the needs of its clients and setting industry standards for reliability and innovation. This growth story reflects the company's vision and commitment to excellence in the maritime sector.
Expanding our global footprint in a diversified manner also provides several strategic advantages By diversifying across regions, services, and markets, WINWIN can mitigate risks associated with economic fluctuations instability in any single region. It allows you to tap into emerging markets, explore new revenue streams, and foster innovation in logistics practices tailored to specific industries or geographies.
Additionally, enhancing integration within your logistics solutions whether through technology, s t r a t e g i c p a r t n e r s h i p s , o r s u s t a i n a b l e practices strengthens your value proposition It ensures that you not only meet current global trade c h a l l e n g e s b u t a l s o s t a y a h e a d o f i n d u s t r y transformations, such as the rise of e-commerce, green logistics, and digitization.
This vision can further enhance your brand as a leader in delivering tailored, reliable, and cutting-edge logistics solutions, ensuring long-term growth and sustainability in the global market, said Mr Edwin Alexander, Chairman
The company’s team is characterized by its youthfulness, enthusiasm, and energy A young workforce often brings a fresh perspective, creativity, and the ability to adapt quickly to technological advancements. This helps WINWIN Group to remain competitive in a rapidly evolving industry like maritime shipping and logistics We invests in training and development to ensure its workforce is not only hardworking but also highly skilled in the latest technologies and industry practices This technical proficiency allows the company to stay ahead of the curve in areas such as fleet management, logistics optimization, and operational efficiency.
In addition to its commercial achievements, WINWIN Group remains deeply committed to giving back to society. As part of its Corporate Social Responsibility (CSR) initiatives, the company actively supports healthcare and education projects. These efforts reflect the company's dedication to using its success as a platform for meaningful contributions to
society, ensuring that its growth benefits, not only its stakeholders but also those who need support the most. “We believe that our success should not only be measured by business growth but also by how we contribute to the well-being of society Our CSR initiatives are an extension of our core values as a company, with a Motto of Win Hearts Win the World” said Mr. Moncy George, Managing Director.
WINWIN’ success stems from its vibrant and hardworking workforce. The company has cultivated a dynamic work culture that emphasizes innovation, teamwork, and an unwavering commitment to customer satisfaction. The leadership team, consisting of Chairman Mr. Edwin Alexander, Managing Director Mr. Moncy George, and CEO Mr. Niraj Israni, has provided visionary guidance, consistently driving the company to break new ground and set benchmarks within the maritime industry. Their combined expertise and forward-thinking strategies have been instrumental in the company's growth and industry leadership.
Marketing plays a pivotal role in this success, with an emphasis on utilizing data-driven strategies, customer insights, and modern technology to enhance the company’s brand presence The leadership team understands that in today’s digital age, innovative marketing approaches are essential for reaching a global audience and differentiating WINWIN from competitors. From creative campaigns to customer-focused messaging, marketing is woven into the fabric of WINWIN’s operations, continuously evolving to meet market demands.
CEO Mr. Niraj Israni adds, "From Day One, we have embraced a professional approach that defines our work ethic and commitment. At WINWIN, every action is guided by our core principles of excellence, integrity, and accountability. Our marketing strategies, in particular, reflect these values by ensuring we communicate effectively with our clients and stakeholders. This professional mind-set is the cornerstone of our success, and it is reflected in the long-lasting relationships we’ve built and the trust we’ve earned in the industry."
As WINWIN Group celebrates its 10th Anniversary (A DECADE), the company is poised for even greater success. With plans for continued expansion into new markets and investments in cutting-edge technologies, it is well on its way to becoming a global leader in shipping and logistics. Supported by its young, vibrant workforce and a management team that prioritizes innovation and service excellence, WINWIN is prepared to navigate the challenges of the future with confidence. This milestone not only marks a decade of achievements but also sets the stage for an exciting journey ahead.
As we continue to grow, our focus remains on strengthening our global presence while enhancing our service offerings. By investing in advanced technology, expanding our fleet, and deepening relationships with our clients, we are well-positioned to meet the challenges of tomorrow's trade landscape. We are excited about the future and confident in our ability to deliver value and innovation as we expand further." With “ONE TEAM ONE SPIRIT ONE WIN”
HERE’S TO A DECADE OF EXCELLENCE AND MANY MORE TO FOLLOW!!!
30/09 Glamor Anline Shpg.
CJ-II Golden ID DBC
Cargo Steamer's Agent's ETD Jetty Name Name
CJ-I Suvari Kaptan DBC 02/10
CJ-II Golden ID DBC 01/10
CJ-III Doctor O DBC 02/10
CJ-IV Sai Fortune Sai Shpg. 03/10
CJ-V Lila Frostburg Interocean 04/10
CJ-VI Al Dhafra Anline Shpg. 03/10
CJ-VII Handy Stranger Arnav Shpg. 01/10
CJ-VIII VACANT
CJ-IX Explorer Europe DBC 06/10
CJ-X Jia De Chang He Seascape 03/10
CJ-XI VACANT
CJ-XII SCI Chennai JMBaxi 01/10
CJ-XIII Pacific Sophia Cross Trade 03/10
CJ-XIV Clipper Teresa JMBaxi 05/10
CJ-XV Wonderful SW Chowgule Bros. 03/10
CJ-XVA Sapphire X Chowgule Bros. 01/10
CJ-XVI Kathy Ocean Upsana Shpg. 04/10
TUNA VESSEL'S NAME AGENT'S NAME ETD Xenia Interocean 01/10
Laura D
OIL JETTY VESSEL'S NAME AGENT'S NAME ETD
OJ-I Sakura Spirit ISS Shpg. 01/10
OJ-II Condor Trader Samudra 01/10
OJ-III Oriental Sakura Allied Shpg. 01/10
OJ-IV Hari Leela
OJ-V VACANT
OJ-VI Lucky Feb Interocean 01/10
OJ-VII PVT Solana Interocean 01/10
Mohsen Ilyas 28/09 Yemen
TCI Anand 28/09 Manglore-CochinTuticorin-Chennai
Agia Eirini Force 28/09
Jetstream 28/09
Tomini Harmony 29/09 China
Ocean Aglaia 29/09
Golbon 29/09 Bandar AbbasJebel Ali-ConstantaChabahar
Seastar Viking 30/09
Amis Kalon 30/09 China
Steamer's Name Agents Arrival on Golden Shark DBC 18/09
Zhen Zhu Hai Delta Waterways 26/09
Propel Wisdom Cross Trade 27/09 Time Height Time Height
Steamer's Name Agents Arrival on Royal O DBC 26/09
Manual EDI Vessels Name Agent
Stream Golden Maple Seatech
Stream Golden Shark DBC
Stream Haci Ali Sari Synergy
CJ-XVI Kathy Ocean Upsana Shpg.
CJ-V Lila Frostburg Interocean
OJ-III Oriental Sakura Allied Shpg.
CJ-XIII Pacific Sophia Cross Trade
05/10 Roshak Ocean Harmony
Stream Royal O DBC Hodeidah
CJ-IV Sai Fortune Sai Shpg. Dammam
CJ-XVA Sapphire X Chowgule Bros. China
01/10 Success JMBaxi
CJ-I Suvari Kaptan DBC
CJ-XIV Clipper Teresa JMBaxi
CJ-VII Handy Stranger Arnav Shpg. USA 22,000/10,028 T. SSS/HMS INIXY124090972
Stream IVS Progress JMBaxi China 4,887 T. CR Coils INIXY124090915
CJ-X Jia De Chang He Seascape
T. PCI Coal INIXY124090984
Stream Lignum Web Mihir & Co. 36,755 CBM Pine Logs INIXY124090897
Stream Lima Strait Mitsutor China 4,920/1,442/803/212 T. CRC/ INIXY124090948
S. Pipes/J. Bags/Eqp 04/10 Mackenzie Mitsutor China 3,157/386/2,482/548/20 T HRC/ INIXY124091009
CRC/J.Bags/S.Pipes/Eqpmts
Stream Propel Wisdom Cross Trade 42,967 CBM Logs In Bulk INIXY124090805 Tuna Xenia Interocean Brazil 76,865 T. Sugar Bulk INIXY124090909
30/09 Aquarius Dariya Shpg. Jordan 19,239 T. Phos Acid In Bulk
03/10 Bow Capricorn GAC Shpg. Al Jubail 11,000 T. Chem In Bulk Stream Bow Palladium GAC Shpg. Singapore
T. Chemicals INIXY124090839
05/10 Bow Titanium GAC Shpg. Singapore 5,586 T. Chem In Bulk
OJ-II Condor Trader Samudra Saudi Arabia 6,304 T. Chem In Bulk
30/09 DM Condor Samudra Singapore
05/10 Jal Kisan GAC Shpg.
05/10 Lila Confidence GAC Shpg.
OJ-VI Lucky Feb Interocean Argentina
INIXY124090896
INIXY124080896
INIXY124090913 Stream Manila I Interocean San Lorenzo
OJ-VII PVT Solana Interocean San Lorenzo
OJ-I Sakura Spirit ISS Shpg.
30-Aug Seaways Hercules Interocean San Lorenzo
03/10 Sheng Hang 005 Marinelinks
01/10 Stolt Calluna JMBaxi Dakar
03/10 Southern Wolf JMBaxi Indonesia
In Bulk INIXY124090981
CDSBO IN Bulk INIXY124090914
INIXY124090976
INIXY124090890
INIXY124090989
INIXY124090979
INIXY124090963
Artabaz (IIX) Armita
Bandar
I/E 800/700 TEUs. INIXY124090908 Ali-Constanta-Chabahar
01/10 Safeen Power (IG1) Hapag Llyod Nhava Sheva-Jebel Ali- I/E 500/600 TEUs.INIXY124090961
06/10 Source Blessing (IG1) Dammam-Shuiba I/E TEUs. -Umm Qasr 27/09 Xin Long Yun 55 (KGS) Kashmira Shpg. Karachi-Jebel Ali Exp. 500 TEUs. INIXY124090941
30/09-AM Maersk Aras 439W 4093269
30/09 Maersk Aras (V-439W) 4093269 Maersk India Nhava Sheva 30/09 Oceana (V-930S) 4093475 Unifeeder Agency Jebel Ali
(V-24038E)
25-09-2024 Inter Sydney (V-163) Bandar
Wadi Duka (V-2417) Salalah 26-09-2024 In Port Maersk Guayaquil (V-439W) 4093271 Maersk India Jebel Ali
Wan Hai 626 17E 2403406 Wan Hai Line Wan Hai Lines Port Kleang (W), Hong Kong, Qingdao, Kwangyang, Pusan, 01/10
02/10 02/10-AM Cosco New York 135E 2403527 COSCO/Evergreen COSCO / Evergreen Ningbo, Shekou, Singapore, Shanghai (PMX)
01/10-AM Ever Utile 187E 2403377 FeedertechFeedertech Port Kelang, Singapore, Leam Chabang.(AGI) 02/10
02/10 02/10-PM KMTC Chennai 2408E 2403487 KMTC/COSCO KMTC / COSCO Shpg. Port Kelang, Hongkong, Qingdao. (AIS) 03/10 TS Lines Samsara Shpg
KMTC / Interasia KMTC (I) / Interasia
03/10-PM Ever Elite 169E 2403309 Interasia/GSL Aissa M./Star Shpg Port Kelang, Singapore, Tanjung Pelepas, Xingang, Qingdao, 06/10 08/10 08/10-AM Monaco 109E 2403569 Evergreen/KMTCEvergreen/KMTC
Ningbo
FOR U.K. NORTH, MED., BLACK SEA, RED SEA, EAST
In Port —/— MSC Yuvika V IV438A 2403388 MSC MSC Agency Barcelona, Valencia (INDUSA) 01/10 30/09 30/09-AM MSC Margrit IS437A 2403444 MSC/SCI MSC Ag / J.M.Baxi Gioia Tauro, Feixstowe, Hamburg, Antwerp & Other Inland Destn.(HIMEXP) 01/10 30/09 30/09-AM MSC Maeva IP439A 2403503 MSC/COSCO MSC Ag / COSCO Shpg. Gioia Tauro,Tangier,Southamton,Rotterdam,Antwerp, Felixstowe. Dunkirk, Le Havre 01/10 CMA CGM CMA CGM Ag.(I) & Other Inland Destination in Europe, Med,Red Sea, Black Sea Adriatic Ports (EUROPE) 02/10 02/10-AM Haian Mind 24033M 2403528 MSR Master Logitech Jeddah,
In Port —/— Maersk Chicago 438W 24309 Maersk Line Maersk India Algeciras
04/10 03/10-1800 Maersk Kinloss 439W 24317 (MECL)
11/10 10/10-1800 W. Kyrenia 440W 24323
TO LOAD FOR FAR EAST, CHINA, JAPAN, AUSTRALIA, NEW ZEALAND AND PACIFIC ISLANDS
In Port —/— Xin Ya Zhou 164E 24281 COSCO COSCO Shpg. Singapor, Cai Mep, Hongkong, Shanghai, Ningbo, Shekou, 30/09 Nansha, Port Kelang (CI1)
30/09 30/09-0900 OOCL Luxembourg 112E 24305 COSCO / OOCL COSCO Shpg./OOCL(I) Port Kelang, Singapore, Hong Kong, Shanghai, Xiamen, Shekou. 01/10 09/10 09/10-1300 Stratford 132E 24312 Gold Star / RCL Star Shpg/RCL Ag. (CIXA)
14/10
10/10 13/10 13/10-2100 Xin Da Yang Zhou 096E 24321
06/10 06/10-1700 Seaspan Adonis 076E ONE ONE (India) Port Kelang, Singapore, Haiphong, Cai Mep, Pusan, Shahghai, 07/10 12/10 12/10-1700 One Altair 066E HMM / YML HMM(I) / YML(I) Ningbo, Shekou (PS3) 13/10
06/10 06/10-0200 X-Press Cassiopeia 24040E 24318 Maersk Line Maersk India Singapore, Dalian, Xingang, Qingdao, Busan, Kwangyang, 07/10 16/10 16/10-1000 X-Press Phoenix 24042E X-Press Feeders Merchant Shpg. Ningbo, Tanjung Pelepas. (NWX) 17/10 Sinokor/Heung A Sinokor India Port kelang, Singapore, Qindao, Xingang, Pusan.
10/10 10/10-1000 MOL Presence 017E 24320 X-Press Feeders Merchant Shpg. Port Kelang, Singapore, Laem Chabang. 11/10 18/10 18/10-1000 Dimitris Y 248E 24327 ONE
TO
In Port —/— Maersk Chicago 438W 24309 Maersk Line Maersk India Salallah, Port Said, Djibouti, Jebel Ali, Port Qasim. (MECL) 30/09 01/10 01/10-1700 SM Neyyar 0439W 24324 Maersk/GFS Maersk India/GFS Jabel Ali, Dammam (SHAEX)
08/10 08/10-0300 Seaspan Jakarta 0440W 24325
TO LOAD FOR INDIAN SUB CONTINENT PORTS & COASTAL
In Port —/— Xin Ya Zhou 164E 24281 COSCO COSCO Shpg. Karachi, Colombo (CI1)
30/09 30/09-0900 OOCL Luxembourg 112E 24305 COSCO/OOCL COSCO Shpg./OOCL(I) Colombo. (CIXA)
09/10 09/10-1300 Stratford 132E 24312
02/10 02/10-1200 SCI Chennai 2411 24316 SCI J M Baxi Mundra, Cochin, Tuticorine. (SMILE) 03/10
02/10 02/10-0001 SSL Gujarat 160 24322 SLSSLS Hazira, Cohin, Mangalore, Tuticorin, Mundra. (PIC 1) 03/10 06/10 06/10-0200 X-Press Cassiopeia 24040E 24318 Maersk Line Maersk India Colombo. (NWX)
10/10 10/10-1000 MOL Presence 017E 24320 X-Press Feeders Merchant Shpg. Muhammad Bin Qasim, Karachi, Colombo. 11/10 18/10 18/10-1000 Dimitris Y 248E 24327 ONE ONE (India) (TIP)
11/10 10/10-1900 Mogral 0087 24328 CCG Sima Marine Hazira, Mangalore, Cochin, Colombo, Katupalli, Vishakhapatanam, 12/10 Krishnapatanam, Cochin, Mundra. (CCG)
Charleston, Savannah, Houston, Norfolk. 30/09 04/10 03/10-1800 Maersk Kinloss 439W 24317 Safmarine Maersk Line India (MECL)
06/10 06/10-1700 Seaspan Adonis 076E ONE
U.S. Dollar
U.K. Pound
84.045084.215083.317583.2600
113.0175113.2450111.1700111.0900
Euro 94.112594.300092.795092.7300
Japanese Yen(100) 58.075058.190057.230057.1900
Swiss Franc 99.737599.937597.950097.8800
Swedish Kroner 8.34758.36508.17508.1700
Canadian Dollar 62.537562.662561.610061.5650
Australian Dollar 58.140058.255056.987556.9475
are not responsible for any mistake. ALL RATES ARE PROVISIONAL. The rates in this column are only meant for
Preventive Service Office, New Customs House, Ballard Estate, Mumbai-400001
Dated :26-09-2024
Whereas the area of Third Chemical Berth (TCI3) at Pir Pau, Mumbai Harbour has been constructed and the same has been granted No Objection for commissioning of the berth and pipelines by the Petroleum and Explosive Safety Organisation.
And whereas, Mumbai Port Trust vide letter Ref. No. DC/C-TCB/-2247 dated 14.08.2024 has requested to approve Third Chemical Berth (TCB) at Pir Pau, Mumbai Harbour as Customs Notified Area.
Now, in exercise of the powers conferred on me under Section 8 (a) of the Customs Act, 1962, i, Principal Commissioner of Customs (General), New Custom House, Ballard Estate, Mumbai, hereby notify the complete area of Third Chemical Berth (TCB) at Pir Pau, Mumbai Harbour, as described in the Schedule-I below and certified place, as a place for unloading of all types of imported cargo and loading of all types of export cargo other than Liquified Petroleum Products (LPG), subject to the condition that EDI connectivity shall be provided at Third Chemical Berth (TCB) at Pir Pau, Mumbai Harbour in the interim period, and strict observance of the HCCAR 2009 (as amended) prescribed under Section 141 (2), all other provisions of the Customs Act, 1962 and other instructions issued in this behalf by the Government of India or Principal Commissioner of Customs (General), New Custom House, Ballard Estate Mumbai from time to time.
Further, in terms of Section 45 (1) of the Customs Act 1962, I, Principal Commissioner of Customs (General), New Custom House, Ballard Estate, Mumbai, hereby also appoint Mumbai Port Trust as Custodian of the complete area of Third Chemical Berth (TCB) at Pir Pau, Mumbai Harbour as described in the Scheduled below, subject to strict observance of Section 45(2)(u) & 45(2)(b) and 45(3) of Custom Act 1962.
Further in terms of Section 10 of the Customs Act, 1962, I, Principal Commissioner of Customs (General) hereby specify the area described in Scheduled below as the Boarding station for purpose of boarding of or disembarkation from vessels by officers of Customs.
And further, in terms Section 8 (b) of the Customs Act 1962, I, Principal Commissioner of Customs (General) hereby specify the limit of the Customs Area located inside Mumbai Port, Mumbai, Maharashtra as under: SCHEDULE-1
The limit of the area starts from approach junction (latitude 18.980663N : longitude 72.91928IE) and ends at Mooring Dolphin 4 (latitude 18.983192N : longitude72.922468E)
This permission for commissioning of the Third Chemical Berth is granted to handle all types of Petroleum, Oils and Lubricants (POL) Products barring LPG with the existing fire Pump House Capacity of 2880M3/hr. The Liquified Petroleum Products (LPG) will be handled by MBPA at Third Chemical Beth only after commissioning of the new Fire Pump House. Sd/Rajan Chaudhary Principal Commissioner of Customs (General) New Custom House, Mumbai
N E W D E L H I : T h e M o d i government's flagship initiative 'Make in India' launched 10 years ago has helped the country boost exports, push investments and promote manufacturing. Under the initiative, launched on September 25, 2014, a series of measures have been taken by the government to boost local manufacturing.
These initiatives include the r o l l o u t o f P r o d u c t i o n L i n k e d Incentive (PLI) schemes for 14 sectors, easing Foreign Direct
Investment (FDI) norms, reducing compliance burden to improve business climate, all approvals through single window, and rolling out of the national logistics policy
Prime Minister Narendra Modi in a post on X stated that Make in India has led to a rise in exports in different sectors, building capacities and strengthening economy
"It's noteworthy how exports have risen in various sectors, capacities have been built, and thus, the economy has been strengthened.
The Government of India is committed to encouraging 'Make in India' through all possible ways. India's strides in reforms will also continue," Modi said.
Commerce and Industry Minister P iyush G
measures which also includes zero tolerance for corruption and the focused effort on emerging sectors like electronics have helped promote 'Make In India' and boost both domestic and foreign investments in the country.
NEW DELHI : Commerce Secretary Shri Sunil Barthwal and Secretary, MoICE, Kingdom of Bhutan, H E Dasho Tashi Wangmo co-chaired the IndiaBhutan, Commerce Secretary Level Meeting (CSLM) in Thimphu and decided to expedite development of cross-border and connectivity infrastructure including establishment of an Integrated Check Post in JaigaonPhuentsholing and rail-links between KokrajharGelephu and Banarhat-Samatse. Commerce Secretary, Government of India, Shri Sunil Barthwal paid an official visit to Bhutan from 27-28 September 2024. Key discussions held during the CSLM include:
i. To expedite development of cross-border trade and connectivity infrastr ucture including establishment of an Integrated Check Post in Jaigaon-Phuentsholing and rail-links between Kokrajhar-Gelephu and Banarhat-Samtse;
ii. Notification of LCS Hatisar and LCS Darranga, as additional routes for import of areca nut in India from Bhutan;
iii. Notification of LCS Darranga as additional Point of Entry for import of food items in India from Bhutan;
iv Government of India agreed to notifying LCS at Samrang, following upgradation of necessary infrastructure;
v Consideration of notification of LCS Jaigaon for import of scrap in India from Bhutan;
vi. Establishment of border haats along India-Bhutan border;
vii. Facilitation of movement of business persons;
viii. Consideration of import of boulders from Bhutan to India;
ix. Inclusion of three additional species of timber for import from Bhutan to India;
x. Deployment of personnel for Phyto Quarantine Inspection Services (PQIS) at LCS Darranga;
xi. Early operationalisation of Agreement for recognition of official control exercised by Bhutan Food and Drug Authority (BFDA) by Food Safety and Standards Authority of India (FSSAI), signed in March 2024; xii. Expedite finalization of agreement between National Seed Centre, Bhutan and Brahmaputra Valley Fertilizer Corporation Limited, India for supply of fertilizers to Bhutan;
The two sides held wide-ranging discussions on all aspects of the bilateral trade partnership including measures to further strengthen cross-border infrastructure, enhance connectivity and facilitate trade between the two countries.
The two sides positively assessed the progress in bilateral trade, commerce, connectivity and investment partnership. They noted recent signing of bilateral MoU on general supply of Petroleum, Oil, Lubricants (POL) and related products from India to Bhutan; Agreement for recognition of official control exercised by Bhutan Food and Drug Authority (BFDA) by Food Safety and Standards Authority of India (FSSAI); finalisation of text of the MoU on establishment of rail-links between India and Bhutan.
Both sides expressed satisfaction at bilateral cooperation in ensuring smooth supply of essential commodities to and from Bhutan, including potato, wheat, sugar, non-basmati rice, fertiliser, coal. The two sides reaffirmed commitment to further strengthen trade linkages, boost connectivity and facilitate cross-border movement of goods, services and people.
The two sides agreed to hold the next CSLM in India at a mutually convenient date. The visit of the Commerce Secretary to Bhutan is in keeping with the well-established tradition of regular exchanges between Bhutan and India, and to further strengthen the existing close ties of friendship and cooperation between the two countries.
NEW DELHI : The Directorate General of Foreign Trade (DGFT) has notified the extension of the import management system for laptops and other IT hardware products for three more months till December 31 and asked companies to seek fresh approvals for imports based on new guidelines from January 1.
The import management system kicked in on November 1, 2023, to promote domestic manufacturing of these goods, reduce dependence, especially on China, and ensure a trusted supply chain for electronics in the country
Last year, the government also said that the import data would be
closely studied before deciding how to move forward.
The system covers laptops, t a b l e t s , a l l - i n - o n e p e r s o n a l computers, ultra-small form factor computers, and servers. Experts and the industr y, however, raised concerns regarding the decision, as per a report.
Cont’d. from Pg. 4
... prescribed under Section 141 (2), all other provisions of the Customs Act, 1962 and other instructions issued in this behalf by the Government of India or Principal Commissioner of Customs (General), New Custom House, Ballard Estate Mumbai from time to time, according to the recent notification issued by the Office of The Principal Commissioner of Customs (General) Mumbai
Mumbai Port Trust has been appointed as Custodian of the complete area of Third Chemical Berth (TCB) at Pir Pau.
In fact, the All India Liquid Bulk Importer & Exporters Association (AILBIEA) has been pursuing this case relentlessly with the Authorities in Mumbai Port as well as the Chief Commissioner of Customs for faster approval.
“It’s is a huge boost for Liquid Bulk Trade in Mumbai,” said a Mumbai based Liquid Bulk Trader.
GANDHIDHAM : Deendayal
P o r t Authority, K a n d l a organized a Fa r e w e l l Function to honour 71 employees who retired between January and June 2024.
Each retiree was felicitated with a silver plate memento by Shri Sushil Kumar Singh, IRSME, Chairman-DPA in appreciation of their dedicated service.
KOLKATA : Diversified PSU Balmer Lawrie & Co has planned a capital expenditure of Rs 700 crore with the aim to achieve a revenue of Rs 6,000 crore by 2030, a company official said.
It plans to diversify into ethanol production, set up a free trade warehousing zone (FTWZ) in Mumbai and upgrade facilities, Chairman and Managing Director Adhip Nath Palchaudhuri told reporters.
“The board of the company has approved a capital expenditure of Rs 700 crore,” he said.
The Kolkata-headquartered company also plans to enter third-party logistics for companies wanting to store their products, the CMD said.
Palchaudhuri said Balmer Lawrie will make an investment of Rs 330 crore for producing ethanol using rice and maize as feedstock, and Rs 220 crore for setting up the FTWZ, which is akin to a special economic zone (SEZ).
Another Rs 45 crore will be spent for setting up a thirdparty logistics hub at Dankuni in West Bengal.
The top official said the company is aiming at a revenue of Rs 6,000 crore by 2030, adding that this is achievable due its leadership position in certain businesses like industrial packaging, and also the presence of significant headroom for growth in verticals like grease, lubricants, travel and logistics.
“This target is achievable and we need to grow at a faster pace. The company’s current revenue is Rs 2,400 crore operating across various businesses,” he said. The PSU is also in the process of engaging a consultant to prepare a comprehensive growth plan, he said.
Palchaudhuri said the company will explore inorganic opportunities for growth if required.
Balmer Lawrie is not looking at asset monetisation, but increasing its efficiency and utilisation, he added.
NEW DELHI : India has witnessed a remarkable surge in warehousing demand across key sectors, with figures rising from 15% in 2019 to 25% in 2024. This increase is primarily driven by favorable government initiatives and a global strategy to diversify supply chains away from China Cities like Pune, Delhi-NCR, and Kolkata are emerging as key beneficiaries of this growth, further bolstering India’s manufacturing sector, which employs over 27 million people.
Factors Driving Warehousing Demand
According to a CBRE report, the demand for warehousing in sectors such as engineering, electronics, and auto manufacturing has increased significantly from 15% in 2019 to 25% in the first half of 2024. This shift is mainly attributed to:
G o v e r n m e n t P o l i c i e s : T h e
Production Linked Incentive (PLI)
s c h e m e i s o n e o f t h e p r i m a r y government initiatives boosting demand for warehousing.
China +1 Strategy: Many global businesses are adopting a ‘China + 1’ strategy, where they diversify their supply chains away from China to other countries like India.
Growth in Warehousing Leasing
Total warehousing leasing from the aforementioned sectors reached an impressive 4.1 million sq. ft. in the first half of 2024. Cities like Pune, Delhi-NCR, and Kolkata are at the forefront of this demand surge:
Pune: Its share of total demand grew from 6% in 2019 to 13% in 2024.
Delhi-NCR: This region witnessed an 18% share of the demand.
Kolkata: Warehousing demand in Kolkata has also increased, reaching 12% in 2024.
Sectoral Growth in Warehousing
I n d i a ’ s e n g i n e e r i n g a n d manufacturing sectors have leased 11% of the total warehouse space in 2024, up from 8% in 2023.
Some of the key drivers for this growth include: Domestic Appliances,
Industry T
increased demand for warehousing as production and distribution needs continue to rise.
Manufacturing is a critical pillar of India’s economic growth, contributing approximately 14% to the GDP and employing over 27 million people. As per Anshuman Magazine, Chairman & CEO of CBRE, India’s manufacturing sectoris poised for a significant transformation and is drawing global attention.
Further, the continued economic development in Asia-Pacific markets is likely to drive consumer demand for manufactured goods, boosting sectoral growth.
Warehousing and manufacturing growth:
G
Plan: This initiative focuses on
optimizing supply chains to improve efficiency
National L ogistics Policy: It emphasizes sustainable and costeffective transport modes to enhance logistics efficiency
Corporate Tax Cuts & GSTReforms: These measures, along with tax benefits for R&D, have enhanced India’s competitiveness on the global stage. S
Infrastructure
infrastructure plays a pivotalrole in
manufacturing sector According to Rami Kaushal, Managing Director of Consulting & Valuation Services at CBRE, this infrastructure not only simplifies the ease of doing business but also encourages collaboration and productivity.
Trade Agreement Boosting Manufacturing
India’s focusing on expanding trade agreements has opened up substantial opportunities for its manufacturing sector As Ram Chandnani, Managing Director of Advisory & Transactions Services at CBRE India, noted, the country’s strategic trade focus can act as a catalyst for growth.
I
presented with a golden opportunity t
beyond services and capture a larger portion of the global manufacturing market
NEW DELHI : China is the main target of India’s anti-dumping actions with 55 of the total 62 anti-dumping and anti-subsidy investigations over the last two years involving imports from the neighbouring country But the Indian industry, especially producers of steel and solar cells, are pressing for more protection with the likelihood of Chinese dumping incidents multiplying as the US tariff hikes on a range of Chinese items kick off from Friday.
The US decision to raise import duties on Chinese steel and aluminium, solarcells,EVs&batteries,asaresponse to the country’s “unfair trade practices” could result in China diverting at least some of these goods to India.
Market defence
“With rising imports from China, the government has been vigilant in safeguarding domestic industry, especially sectors such as steel, chemicals, plastics, and solar PV cells and modules against dumping. Most of the trade remedies implemented over the last few years have been targeted against China. There is a need to be more watchful with the US tariff hikes against China kicking in,” a source tracking the matter said.
India’s imports of goods from China were a whopping $101.73 billion in FY24 with electric machinery, nuclear reactors and mechanical machinery, steel, chemicals, plastics and medical and surgical instruments topping the charts.
India’s exports to China in FY24 were at $16.64 billion resulting in a trade deficit of $85 billion which was about a third of the country’s total trade deficit of $241 billion in the past fiscal.
Dumping concerns
“Increased trade remedial tariffs on Chinese steel by the US is further going to impact the steel industry adversely, m
destinations to dump excessive steel by China, which is heavily subsidised by the Government there,” Alok Sahay, Secretary Generally, Indian Steel Association (ISA) said.
Already, the Indian steel-makers have written to the Finance Ministry, urging more duties on imports, the thrust of the request is towards China.
Chinese steel prices are down 17 per cent YoY to $462 per tonne in September, YoY In the year-ago period, it stood at $556 per tonne.
“Last year there was a 91 per cent
increase of imports from China and this year the trend is continuing,” Sahay said, adding that the intensity of exports to countries having FTA with India, like A SEAN, Korea and Japan have increased. Both the US and the EU are cutting imports of electric vehicles from China, according to a brief by the Global Trade and Research Initiative (GTRI) on the US tariff action against China published earlier this year
“The increase of tariff on EVs, b a t t e r i e s a n d m a n y o t h e r n e w technology items by the US may push China to dump these products in other markets including India. It’s a moment for India’s Directorate General of Trade Remedies to remain vigilant,” GTRI said.
India’s fledgling solar PV cell and module manufacturers, too, have been facing a lot of heat from China which accounted for 94 per cent of India’s cumulative solar PV cell imports and 93 per cent of solar PV module shipments in Fy23.
The share of cells and modules fell to 56 per cent and 66 per cent, respectively, in FY24 but the import value of PV cells and modules from China surged to a record $6.21 billion during the fiscal.
Cont’d. from Pg. 4
O n 2 2 n d September 2024, DPA Kandla set a new record by handling *1,44,515 metric tonnes of salt in just 24 hours*, surpassing the previous record of 1,05,602 metric tonnes.
This remarkable achievement highlights the port's strategic a p p r o a c h , i n c l u d i n g t h e rationalization of cargo and vesselrelated charges in close consultation with trade stakeholders The coordinated efforts of vessel agents, stevedores and other stakeholders have contributed to a significant surge in cargo volumes at DPA
Services*, successfully loaded 42,050 metric tonnes of salt at Dry Cargo Berth No CJ-13
The second vessel, MV Medi Brisbane, loaded 35,110 metric tonnes of salt at Dry Cargo Berth No. CJ-16.
A n o t a b l e c o n t r i b u t i o n t o t h i s ac co m plishme nt c a m e f ro m *SHREE
ASHAPURA STEVEDORES* on behalf of exporter *RANKERS INTERNATIONAL* who efficiently loaded 77,160 metric tonnes of salt across two vessels within a period of 24-hour Their efforts played a pivotal role in achieving the new single-day salt handling record
The first vessel, MV Ingmer Selmer,
collaboration with industry partners and supporting India's growing trade ecosystem
S
n k & Logistic Pvt. Ltd., celebrates 20 incredible years of successful operations, its Chairman Shri Pankaj Mehta and CEO - Shri Vishal Mehta have expressed their deepest gratitude to all the stakeholders and Partners for the journey that they have shared together Two decades of Growth, Innovation and Commitment to Excellence has enabled them to scale new heights. Green Initiative on Foundation Day
To mark this milestone, Rushabh Sealink & Logistic Pvt. Ltd. has pledged to plant around 2,004 trees, symbolizing the year in which the company was founded.
This initiative reflects the dedication to sustainability and reducing its environmental impact, particularly carbon emissions.
These trees will absorb over 44,000 kg of CO2 annually, reinforcing its commitment to a greener future.
Since 2004, Rushabh Sealink & Logistic Pvt. Ltd. has evolved from a small team into a global leader
i n l o g i s t i c s , d e l i v e r i n g solutions across I n d i a a n d internationally Its core strength lies in delivering t h e r i g h t solutions, at the right time, for the right price.
A G r a c e f u l Thank You to All
T h i s success would not have been p o s s i b l e w i t h o u t t h e dedication of a Professional Te a m , l o y a l clients and immense support of Partners.
Shri Vishal Mehta – CEO, Rushabh Sealink & Logistic Pvt. Ltd., and Co-Founder Ms. Vijeta Suvarna who ensures that women are given equal opportunity in the organisation have expressed their deepest gratitude to each and everyone contributing towards this incredible journey of past 2 decades.
As we enter the next phase, the company remain committed to innovation and sustainability, ensuring that it continues to deliver value to its customers worldwide.
“Thank you, once again for being a part of our success.”