Home / Knowledge / News / Textiles / Unique USP's turn Mangalore SEZ into an ideal destination
Unique USP's turn Mangalore SEZ into an ideal destination
03
Dec '11
Mr Rajiv Banga
Mr Rajiv Banga
“We are setting up a notified sector specific Special Economic Zone (SEZ) for Petroleum & Petrochemicals, also covering manmade fibre textiles industry in Mangalore, which provides the flexibility of catering to both global & Indian markets, by just meeting norms of net positive foreign exchange (NFE) over a five year period”, a top official of Mangalore SEZ Ltd (MSEZL) told fibre2fashion.

Speaking exclusively with fibre2fashion on the sidelines of the International Conference on Manmade Textile Fibre Textiles, Mr Rajiv Banga, MD & CEO – MSEZ said, “MSEZ is co-promoted by ONGC, Karnataka Industrial Area Development Board – a Karnataka State Government entity; IL&FS, a leading financial institution & infrastructure developer and Kanara Chamber of Commerce and Industry”.

He added, “ONGC, in a joint venture with MRPL, is setting up an aromatics complex in MSEZ with a capacity to produce around one million tons of paraxylene and 275,000 tons of benzene, which will prove to be a ready source of feedstock for future projects in intermediate & downstream textile sector in the SEZ”.

Elaborating on the same, he explained, “Typically in the petrochemical production chain, cost of raw materials account for 70-75 percent of the production costs. Proximity to feedstock can give a cost advantage of up to 6-7 percent which, in the long term, can prove to be a huge head start for a potential investor in the SEZ”.

Highlighting the locational advantages of the SEZ, he said, “Mangalore has excellent connectivity by way of three National Highways connecting it to various parts of India coupled with many State Highways. The Railways also provide connectivity to different regions throughout India through the Konkan Railway and Southern Railway network”.

“Alongside, Mangalore port has a 15 metre deep draft and is an all weather port, located just 8 kms away from MSEZ, which means shorter turnaround times for goods. In addition, it offers close proximity to the Middle-East region on the West coast of India for cost effective sourcing of required inputs. Mangalore also has an international airport. All these put together provide the SEZ with one of the best locational advantages”.

Informing about the Unique Selling Proposition (USP) & salient features of the SEZ, he said, “The SEZ is offering the USP of a dedicated pipeline-cum-road corridor connecting the SEZ and the port. Ships can directly pump liquid raw materials through this pipeline to the storage tanks in the SEZ and vice versa as well as goods can be transported to and fro, again leading to shorter lead times.

“Another key requirement of petrochemical plants is availability of water in huge quantities. We are setting up water infrastructure to supply 35 million gallons of water per day, by setting up four barrages on the rivers adjoining Mangalore and a pipeline conveyance system of over 42 kms to the SEZ. We are also setting up a Central Effluent Treatment Plant, which offers cluster benefits & negates need for individual plants.


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search