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CONCOR starts Port side Container facility at Krishnapatnam Port

By Niranjan Mudholkar,

Added 27 July 2016

Agrees on MoU with the Government of Andhra Pradesh to initiate 3 Multi Modal Logistics Parks (MMLP), located at Vishakhapatnam, Krishnapatnam and Kakinada

Speaking at the inaugural ceremony, Prabhu said "Concor is a vital part of Indian Railways and we are happy to associate with one of country's fastest growing ports like Krishnapatnam. Volume of exports and imports play a crucial role in the development of India's economy.

"Taking effective measures to promote both exports and imports will generously boost the GDP of the nation." "Exports and imports are contributing to nearly 16-17 percent of GDP and promoting such activity would have an avid impact on the economy." he further added.

Anil Yendluri, CEO, KPCL said, "As a new-generation port, our objectives and efforts are focused on providing the best in class services to both our exporters as well as importers. With CONCOR on-board Krishnapatnam will now be able to ensure a new level of smooth processing, quick turnaround and easy throughput of cargo thereby further strengthening business ties with our stakeholders. This will foster trade, boost industrial growth and aid in the development of the region thereby enriching the end customer experience."

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