Viraj Group invests Rs 90 crore for logistics arm
Viraj Profiles has extended its logistics arm by setting up its Inland Container Depot (ICD) – Vaishno Container Terminal at Tarapur, Maharashtra at an investment of Rs 90 crore. The facility was inaugurated by V S Krishnan, IRS, Chief Commissioner of Central Excise, Service Tax and Customs.
Connected by rail and road with the Nhava Sheva Terminal, the Vaishno Container Terminal has paved yard of 11.4 acres for container stacking
The western highway being of India’s busiest industrial corridors, facilities providing services resulting in efficiency and reduced costs are a big boon, providing much needed competitive advantage to businesses. The Vaishno Container Terminal apart from its proximity to Mumbai Port Terminal and Nhava Sheva Terminal, provides customs clearance facility near the centre of production and consumption, reducing the clearance time considerably and doing away with the necessity of customs at getaway ports. Reduced demurrage, pilferage and logistics cost, add to the facilities attraction for commercial units. Import containers are de-stuffed and can be retained at the depot, reducing empty container repositioning cost to zero. Export containers can be provided for dock stuffing/factory stuffing, reducing empty container transportation cost.
Speaking on the inauguration, Neeraj R Kochhar, Chairman and Managing Director, Viraj Profiles, said, “Being associated with manufacturing for a long time, we realize how important it is for businesses to focus on their core activities and not get distracted by routine tasks, which can be very time consuming and expensive. As businesses get more globalized, competitiveness is key. Our mission is to provide one stop shop in logistics and deliver operational excellence to the manufacturing units in and around the area.”