Nano may get a port soon
Ahmadabad, Dec 29: There are speculations that the Dream car, Nano which is will open its plant in Gujarat, may find a port also. Shapoorji Pallonji is building the Nano plant in Sanand. Now it has plans to put a port for Nano at Simar in Junagadh.
In this regard, Afcons, a marine infrastructure wing of Shapoorji Pallonji might sign an MoU with Gujarat Maritime Board (GMB). Mou would be signed during the Vibrant Gujarat meet in January 2009, to develop a greenfield port at Simar.
Shapoorji
Pallonji
is
the
largest
private
shareholder
in
Tata
Sons
Ltd
has
18.5
per
cent
stake
and
holds
in
21.9
percent
in
Tata
Motors.
Plan
to
invest
Rs
800
crore
to
develop
and
handle
bulk
cargo
in
Simar
port
is
being
speculated.
Afcons
will
receive
letter
to
develop
the
port.
By
2012,
the
first
phase
of
the
project
will
be
complete.
Additional
capacities
to
this
would
be
built
by
2020.
OneIndia News (With inputs from Agencies)