JNPT issues letter of intent to successful bidders of 9 plots in JNPT SEZ

July 20, 2021: Jawaharlal Nehru Port Trust (JNPT) reached yet another milestone in SEZ development by issuing a Letter of Intent to 9 successful bidders in JNPT SEZ.

The letters were handed over to the successful bidders by Unmesh Sharad Wagh, IRS, deputy chairman, JNPT.

Also, Simosis International and Sarveshwar logistics were felicitated as they became operational, taking the tally of operational units at JNPT SEZ to six.

The allotment of land for the industry is done through the e-tender cum e-auction process per policy guidelines for port guidelines for land management. The recent e-tender cum e-auction floated with the approval of competent authority on NIC, Central Public Procurement Portal (CPPP).

As per the recommendation of the Tender Committee and approval of the competent authority, the nine qualified bidders in JNPT SEZ are Cineline India, Darwin Platform Logistics, Darwin Platform Shipping, Daund Sugar, ENVOPAP (Paper Plus Technologies), IG International, Maharaja Merchandise, MEIR Commodities India, and SRS Pharmaceuticals.

Sanjay Sethi, IAS, chairman, JNPT, said, “This is a great occasion for JNPT-SEZ, and we are confident of attracting more leading global companies for making India a manufacturing hub as the infrastructure development underway in JNPT SEZ is as per the international benchmark. JNPT is an infrastructure ready project with all regulatory approvals in place to facilitate new investors. JNPT SEZ will further enhance the “Ease of Doing Business” and further promote manufacturing and directly contribute to making JNPT, the Port of Choice for the Exim Trade.”

JNPT-SEZ aims to slash cost, help move goods to and from ports quickly, efficiently, and cost-effectively to increase the competitiveness of Indian goods globally. Also, the companies setting their base can leverage the business benefits that the SEZ offers due to the proximity to the port. With systematic planning, integration, and development of SEZ, along with an efficient and inter-linked transport network, will help play a vital role in reap significant benefits that will help the country and make port-based industrialization a success.

JNPT developed a multi-product Special Economic Zone (SEZ) in its owned freehold land of 277.38 hectares at Navi Mumbai. The multi-product port-based JNPT SEZ aims to boost exports by enabling port-led automation under the Sagarmala initiative of the Ministry of Ports, Shipping and Waterways. JNPT is leaving no stone unturned to ensure world-class infrastructure and facilities to units in the SEZ.