The New Mangalore Port Authority (NMPA) has teamed up with the Central Warehousing Corporation (CWC) and Sagarmala Development Company Ltd (SDCL) to develop a CFS-cum-warehousing facility at the port. The new CFS will be developed through a special purpose vehicle. It will be spread on an area of 16.6 acres and the development cost is estimated at ₹125.42 crore. AV Ramana, Chairman of NMPA, said the port authority’s contribution would be the cost of the land (around ₹44.25 crore). The rest would be shared equally by CWC and SDCL.
The proposed infrastructure will boost the export of agro products such as gherkhin, vegetables, and coffee.
In June, the Central Board of Indirect Taxes and Customs (CBIC) had issued a letter of intent to Delta Infralogistics (Worldwide) Ltd, based in Mangaluru to set up a CFS within a year. The facility will be developed around 1 KM near to the port to offer consolidation of LCL cargo. It will also provide ancillary support to JSW’s dedicated container terminal at the port.Hinterland coverage: Industrial hubs in Peenya, Nanjangud, Mysuru, Mandya, Shivamogga, Belagavi, Hubballi-Dharwad, and parts of Kerala, for cargo such as automotive components, agriculture products, pharmaceutical products, and reefer cargo, among others.
