New Delhi: Astring of Japanese companies that are expected to set up manufacturing units under a proposed industrial corridor between New Delhi and Mumbai, especially in Rajasthan, may benefit from a new dedicated port on the Western coast.
The corridor is already one of its kind in terms of infrastructure as the manufacturing units including Japanese ones will all come up alongside the proposed dedicated freight corridor, which will be constructed by the railways.
A top Japanese trade official says that these industries could also be serviced by a dedicated port.
Chairman and CEO of the Japan External Trade Organization (JETRO) Osamu Watanabe said that the Mumbai–Delhi industrial corridor, which was agreed upon between India and Japan during Prime Minister Manmohan Singh’s meeting with his counterpart Shinzo Abe last December was on course.
“The corridor will need a dedicated port on the West coast as the Mumbai port is facing a capacity constraint,” Watanabe told Mint on the sidelines of the International Engineering and Technology Fair.
According to the JETRO chief, the understanding as of now was that the port would have participation from either the Japanese government or private companies . “We are not sure about where the port should be located and studies will have to be carried out to test feasibility,” Watanabe said.
Meanwhile, the Rajasthan State Industrial Development and Investment Corporation has already signed an MoU with JETRO proposing industrial parks in the state that can be used by Japanese companies. “The Rajasthan CM may visit Japan some time later to firm up the plan,” Watanabe added.