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Fairdeal Group’s ICD-Indore set to change economic face of MP |
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22/08/2008 |
| 1st pvt. sector ICD in Central India
The Fairdeal Group is set to launch Central India’s first private inland container depot (ICD) here.
Called ICD-Indore, this marks a significant step in attracting additional opportunities in the critical cargo/container-related business to Madhya Pradesh, according to a release.
With the setting up of ICD-Indore, the region as a whole would benefit in terms of economic development, increased employment opportunities and all-round prosperity, the release stressed.
Fairdeal undertook this venture after realising the vast opportunities being lost to neighbouring states. The Group felt that an ICD was required in Indore to direct the major volume of business here, as the lack of such a facility in the city meant that businesses, which otherwise would have come to Madhya Pradesh, were being diverted to other states.
With ICD-Indore, the dream of the Fairdeal team, which has worked diligently towards studying and analysing the cargo needs of the region, has materialised.
The strength of ICD-Indore is that it is 100 per cent road-operated, the release underscored. Road transportation makes good economic sense; it means acceleration and, therefore, faster movement. Transport by road also facilitates, especially for imports and exports, increased chances of adhering to deadlines and working according to plan, the release pointed out.
Having a road-linked ICD also means faster arrival and clearance of containers from ports, minimum inventory of raw material due to planned arrival of import cargo and savings in detention and ground rents.
ICD-Indore, therefore, is set to be a boon for all those associated with this business, namely, shipping companies, importers, exporters, CHAs, etc., and will mark the beginning of a new chapter in the container-cargo shipment story of Madhya Pradesh, the release emphasised. |
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