Wednesday, 22 January 2014

Ennore Port, Ford sign MoU for car exports

The Ennore Port Ltd (EPL), has signed a pact with Ford India, to export the company's vehicles from the port.

The port recently signed a similar agreement with Nissan for export of its cars, and between September 2010 and December 2013, 4,49,720 automobile units from companies like Ashok Leyland, Toyota and Honda have been exported from Ennore Port.

EPL recently developed a general cargo-cum-car terminal at a cost of Rs 140 crore, which includes a car parking yard across 35 acres for parking of 10,000 cars at a time, the biggest amongst the major ports in India, the Union minister for shipping, G K Vasan said. "Chennai has emerged as a major centre for export of automobiles. Ennore Port has played a key role in facilitating these exports," he said. Read more..


From TOI News

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