MUL to export 2.5 lakh cars from Mundra Port

Mundra Port and Special Economic Zone (MPSEZ) has entered into an agreement with Maruti Suzuki (MSIL) to set up an exclusive zone for Maruti cars at Mudra Port in Gujarat.

The bay, which will be ready by early 2009, is intended to help MSIL export up to 2.5 lakh cars per year, said Sandeep Mehta, CEO, MPSEZ.

Rajeeva Sinha, director, MPSEZ, had said earlier that the company is developing 50 acre land for car storage with the additional facility of remotely guiding cars into carriers on berth without the help of drivers.

Although the company has entered into an exclusive agreement with MSIL, MPSEZ would later be open to entering into similar agreements with other car manufacturers.

The car storage capacity would be increased to 4 lakh by 2010 to accommodate cars of other companies, Mehta said.

The total cargo capacity of MPSEZ would also be increased from 30 million metric tonne to 50 MMT by 2010, and further to 120 MMT by 2015.

The company would also construct a coal terminal of 35 MMT capacity by 2010 at the port.