Business Standard

PepsiCo to move 16 containers from Kolkata to Varanasi on inland vessel


Press Trust of India New Delhi
In India's first container movement on inland waterways post-Independence, food and beverages major PepsiCo through Inland Waterways Authority of India (IWAI) will move its 16 containers from Kolkata and Varanasi on river Ganga, the government said Monday.
"IWAI will transport container cargo belonging to the food and beverage giant PepsiCo (India) from Kolkata to Varanasi on river Ganga (National Waterway-1) tomorrow. This would be the country's first container movement on inland vessel post-Independence, and a milestone moment in the history of India's IWT sector," Ministry of Shippping said in a statement.
PepsiCo (India) will move 16 containers - equivalent to 16 truckloads - filled with food and snacks in the vessel MV RN Tagore which will reach Varanasi in 9-10 days. MV RN Tagore will make its return journey with fertilisers belonging to IFFCO that will be procured from its Phulpur plant near Allahabad.
Shipping secretary Gopal Krishna along with IWAI chairman Pravir Pandey will flag off the vessel carrying the consignment in the presence of PepsiCo representatives.
The event coincides with another momentous day for IWT in India as IWAI's first foray into public private partnership (PPP) model will become a reality with the handing over of operation and management of its terminals in Kolkata to Summit Alliance Port East Gateway (India) Pvt Ltd (SAPEL) on a supply, operate and maintain (SOM) model.
The statement said container cargo transport comes with several inherent advantages and added that it reduces the handling cost, allows easier modal shift, reduces pilferages and damage, it also enables cargo owners to reduce their carbon footprints.
The government is developing NW-1 (River Ganga) under JMVP from Haldia to Varanasi (1,390 Km) with the technical and financial assistance of the World Bank at an estimated cost of Rs 5,369 crore. The project would enable commercial navigation of vessels with capacity of 1500-2,000 DWT.
Shipping Minister Nitin Gadkari had flagged off a consignment of Maruti cars from Varanasi to Haldia in August, 2016.
Since then pilot movements on National Waterways are currently being done on various stretches.
More than 15 of them have already been successfully completed, including integrated movements through NW-1 (Ganga), Indo-Bangladesh Protocol Route and NW-2 (Brahmaputra).
The PepsiCo cargo will be the first container movement on inland waterways in the country.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 29 2018 | 8:35 PM IST

Explore News