 "India, Japan to strengthen coordination in shipping sector")
The statement comes in the wake of Shipping Minister G K Vasan leading a delegation to Japan today on an invitation of Minister of Land, Infrastructure, Transport and Tourism, Japan, Akihiro Ohta.
"The visiting delegation will have discussions with the Japanese Government for better coordination between two countries and to further enable various Japanese companies to utilise facilities at Indian Ports, more particular of Ennore and Chennai Ports," an official release said.
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Japanese automobile manufacturing companies like Toyota, Mitsubushi, Isuzu, Nissan and Toshiba have been using Chennai Port for importing automobile components for their factories located in Chennai.
Japanese Company Metal One (Mitshubishi group) is importing steel coils, used for automobile, through Chennai Port in the break bulk form. Around 240 Japanese companies have developed businesses in and around Chennai in the last decade.
Vasan will also lead discussions for obtaining funding from the Japan International Cooperation Agency (JICA) for the Outer Harbour project of VOC Port, Thuthikoodi.
Japan had earlier shown interest in developing Chennai Bengaluru Industrial Corridor as part of Penninsular Region Industrial Development corridor (PRIDe) of India.
Ennore Port has been identified as one of the main logistic hub in this industrial corridor development while JICA has already commenced a study for the purpose.
The delegation besides meeting the political leaders, government officials and business leaders during their visit, would be visiting the Port of Yokohama and Port of Nagoya to see the port operations and the latest technologies being utilised in these two Ports.
Expertise of Japanese in port operations, ship recycling and shipbuilding are expected to be utilised by the Indian ports and shipyards in future, the statement said.
Various Japanese Companies have also been evincing a lot of interest in enhancing their use of the Ennore Port.
At present, Nissan Motors India and Toyota are the major Japanese Companies using the Ennore Port facilities for their export. Nissan Motors has exported about 3 lakhs cars from Ennore Port. Toyota has so far exported 42,000 cars from the Port.