10 Apr NEW MANGALORE BUSINESS DEVELOPMENT PLAN
The volume of traffic through Indian Ports has been recently growing at a rate of approximately ten percent per annum. Given a continuation of recent growth, traffic through Indian ports will double within the next decade. In order to accommodate this future growth, adequate handling facilities must be available, port services must operate efficiently and port management and personnel must be responsive to customer requirements. Achievement of these will transform the Indian major ports into a truly world class port equal in quality and efficiency to the best in the business.
The Ministry of Shipping, Road Transport and Highways (MOSRTH), an agency responsible for overseeing the twelve major ports in the country, has mandated that each of the twelve major ports develop a business plan. The plan is to provide the foundation for an annual planning process within the Port Trust to regularly adjust the plan to changing circumstances. Implementation of the plan is to be financeable through private sector participation and internal Port Trust financial resources
Services provided by MHC are:
- Prepare a business plan for the New Mangalore Port Trust that is in line with its competitive advantages and capabilities and can be implemented without government financial support.
- Prepare a 20 year vision statement for the port.
- Prepare an action plan for 7 years detailing the specific projects and activities.
- Install a process for monitoring and reporting progress in achieving results and provide the capability to annually update the plan to reflect changing circumstances; Establish business development projects and provide a road map for maximising the capacity.
New Mangalore Trust Port
New Mangalore India