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Ennore Port to begin car exports in August 2010

Ennore Port to begin car exports in August 2010

Mumbai: India's southern port of Ennore is scheduled to kick off car exports for Nissan from its newly constructed Rs.110 crore terminal in August 2010. Speaking to local reporters, Shipping Minister G.K. Vasan said, "The construction of the car terminal at the Ennore Port is proceeding smoothly. The port has inked an agreement with Nissan India, which will use the terminal to ship out 180,000 cars."

According to news site Sify, Last fiscal, Ennore Port posted a profit after tax of Rs.41.46 crore on a revenue of Rs.142 crore. Vasan added that Ennore Port has attracted private investments to the tune of Rs.1,200 crore for building coal, iron ore and marine liquid terminals.  [17/09/09]