JNPA agrees to fulfil demands of Dye-Makers Association at Vadhvan

As part of the agreement, JNPA will facilitate subsidised loans and insurance policies tailored for the dyemakers in the region

Unmesh Wagh
Wagh also informed that JNPA has conducted similar discussions with the fishermen community.
Prachi Pisal Mumbai
2 min read Last Updated : Sep 26 2024 | 11:12 AM IST
Jawaharlal Nehru Port Authority (JNPA) agreed to fulfil all the demands put forth by the Dye-Makers Association at Vadhvan. The authority stated this after a meeting held between Unmesh Wagh, chairman, JNPA, and managing director, Vadhvan Port Project Limited (VPPL), and representatives of the association on Tuesday night.

As part of the agreement, JNPA will facilitate subsidised loans and insurance policies tailored for the dye-makers, “helping to ease financial constraints and promote business sustainability." The port authority will also conduct a training programme on dyemaking to upskill the youth. Moreover, a building equipped with tools like AutoCAD and ArtCAM software will be constructed.

According to a statement by JNPA, the dye-makers will also receive dedicated spaces at all exhibitions where Vadhvan Port is represented. Further, the authority will help the dye-makers by facilitating tie-ups with key jewellery associations and councils.

Speaking about the development, Wagh stated, “Our vision is to ensure all the local communities' businesses develop along with the development of the Vadhvan Port. We are committed to providing the necessary infrastructure, resources, and opportunities that will enable these businesses to compete on a global scale, ensuring their continued growth and prosperity; it is a part of our holistic approach to community growth.”

The authority further added that representatives of the Dye-Makers Association expressed their support for the development of the Vadhvan Port, recognising its potential for contributing to local business growth.

JNPA open for similar discussions with fishermen

Wagh also informed that JNPA has conducted similar discussions with the fishermen community in the past and is open to organising meetings with any other stakeholders, ensuring their concerns and development needs are addressed.

Besides the project worth Rs 76,220 crore, Vadhvan Port has been witnessing several protests by local communities. However, during his visit to JNPA in August 2024, Sarbananda Sonowal, minister of ports, shipping, and waterways, stated that the fishermen’s interests will be protected and that special care of their traditional businesses will be taken to sustain them.

The port, which would be set up in Maharashtra’s Palghar district, is under construction and is estimated to be completed by 2030. Once built, it will possess the cargo handling capacity of 23.3 million twenty-foot equivalent units (TEUs). After construction, the port will be ranked among the top global container ports, according to Sonowal.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :insurance plansPersonal loansMajor Port Authorities Bill

First Published: Sep 25 2024 | 3:56 PM IST

Next Story