New Mangalore Port attracts more cargo from the hinterland

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Capital Market
Last Updated : Jun 16 2016 | 3:14 PM IST
The proactive business promotion drive by the port administration of New Mangalore Port Trust by conducting business/trade meets at various locations in the hinterland have started to yield positive results.

The Port had conducted a series of business meets at Mysore and Nanjangud where various export firms are located. The recent meet conducted in the month of June, 2016 with various export firms like M/s Ranga Rao & Sons (incense sticks), M/s J.K. Tyres, M/s Nestle India & M.K. Agrotech (edible oil) has contributed to the movement of new cargo through the port. Sending of stuffing material of J.K. Tyres and Agarbatti (incense sticks) by Ranga Rao & Sons has already started. Some companies like J.K. Tyres who are already using New Mangalore Port have assured to divert more cargo through the Port.

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First Published: Jun 16 2016 | 1:48 PM IST

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