TPi November 2014

news business & market

Mr Krishnan and Mr Dhruv Kochhar

Inland container depot at Tarapur Viraj Profiles Ltd has extended its logistics arm by setting up an inland container depot (ICD), Vaishno Container Terminal, at Tarapur, Maharashtra, India. handling up to 5,000 TEUs per month, with warehousing space of 33,000ft 2 .

in and around the area. Providing a host of benefits like reduced customs clear- ance time, transportation and logistics cost, demurrage and pilferage combined with state-of-the-art equipment and trained manpower, the facility is one of the most advanced in the country.” Established in 1990, Viraj Profiles Ltd claims to be the second largest manufacturer of stainless steel long products in the world. The company, which has an installed capacity in excess of 528,000 TPA, manufactures stainless steel products ranging from wire rods and wires, to fasteners, bright bars, profiles and flanges.

The facility is equipped with hardware and software to service the requirements of customs, importers/exporters and all other stakeholders. The new container terminal is designed to ensure safe and secure storage of containers and cargo, and offers a customs clearance facility near the centre of production and consumption. This will also reduce customs clearance time and improve the level of transparency. Speaking on the inauguration, Neeraj R Kochhar, chairman and managing director of Viraj Profiles, said, “Our mission is to provide a ‘one-stop shop’ in logistics, and deliver operational excellence to the manufacturing units

Set up with an investment of Rs 90 crores, the ICD is located 150km from the Nhava Sheva Terminal, and 128km from Mumbai Port Terminal, with a travel time of 4-5 hours, ensuring smooth transportation between the ICD and gateway ports. The facility was inaugurated by Shri VS Krishnan, IRS, chief commissioner of central excise, service tax and customs. Connected by rail and road with the Nhava Sheva Terminal, the Vaishno Container Terminal has an 11.4-acre paved yard for container stacking,

Viraj Profiles ltd – India sales@viraj.com www.viraj.com

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