Wednesday, Nov 29 2023 | Time 07:47 Hrs(IST)
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Container Terminal at Paradip Port can bring business of Rs 20,000 cr-Rao

Bhubaneswar, Sep 23 (UNI) A dedicated container terminal at Odisha’s Paradip Port has the potential to bring as much as Rs 20,000 crore worth of business to the state exchequer, Jindal Stainless's Head of Logistics Venkateswara Rao said.
Addressing the Logistics Summit here on Friday, organized by the Confederation of Indian Industry (CII), Rao said that currently, this quantum of business benefits the states of Andhra Pradesh and West Bengal.
Odisha, he said, despite having the third largest port by cargo volume handled, remains the only state in India that does not have such a container terminal and is heavily dependent on the ports in Visakhapatnam and Kolkata for imports and exports.
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