Mysuru and Kodagu MP Shri Pratap Simha along with other dignitaries from Railways and Container Corporation of India (CONCOR) have officially announced the commencement of the work pertaining to Inland Container Depot (ICD) and Multimodal Logistic Park (MMLP), at a private function held at a hotel in Mysuru. The function was well attended by businessmen who are into export business.
ರಾಜ್ಯದಲ್ಲೇ ಪ್ರಪ್ರಥಮವಾಗಿ ಮೈಸೂರಿನ ಕಡಕೋಳದಲ್ಲಿ ನಿರ್ಮಾಣವಾಗಲಿರುವ ICDಗೆ (ರೈಲ್ವೆ ಗೂಡ್ಸ್ ಟರ್ಮಿನಲ್) ಇಂದು ಚಾಲನೆ ನೀಡಿದೆ. ಇದು 102 ಕೋಟಿ ವೆಚ್ಚದಲ್ಲಿ 2023ರೊಳಗೆ ನಿರ್ಮಾಣವಾಗಲಿದೆ. Thank you @narendramodi ji @PiyushGoyal ji n #Concor CMD Kalyana Rama Sir. It vl be the first Multi Modal Log Park of Krn pic.twitter.com/XhM6vaHaUe— Pratap Simha (@mepratap) December 12, 2020
With the commencement of work, Mysuru region will see the infusion of fresh air into her saturated industrial environment. With no sea port/ airport nearby, exporting goods from the region has been very cumbersome, as the goods have to be transported by trucks on the congested roads. Because of this, it is becoming expensive to export from the region. This is one of the major stumbling blocks for new investments as of now.
With the realization of ICD/ MMLP at Kadakola, all hurdles for the exports will disappear. Since the complex will house a full-fledged customs office, getting customs clearances will be a breeze. The exporters now have to just seal their goods in the containers, obtain customs clearance, stick the “QR Code” to the container and send it directly to sea ports – Chennai OR Mangalore for exports. The MMLP operator can take the entire responsibility of packaging, storing and freight forwarding of the goods to the port. So, the entire task is outsourced to them.
This saves a whole lot of time and effort for the manufacturers, as they can concentrate on their core businesses instead of wasting time on works which won’t add any value to their businesses.
Mysuru ICD MMLP Project Snapshot
- Total investment: Rs. 100 Crores
- Civil work awarded: Rs. 55.09 Crores
- Period of execution: 24 months
- Land acquired so far: 55 Acres
- Land yet to acquired: 6.22 Crores
- Land cost: Rs. 20 Crores
- Warehousing area: 1000 square meters (10763.9 sq feet)
- Nearest Railway Station: Kadakola
- Operations commencement: 2022/ 2023
The project is expected to be completed in the year 2022 and will bring cheers to the exporters.