Number of ports for import of new vehicles increased to 14 Back to News & Events List


Government has increased the number of ports from 12 to 14 through which new vehicles can be imported -- a move which would help in reducing pressure on ports and transactions cost of companies.

"Two new customs ports - Kattupalli Port and APM Terminals, Pipavav Port - are being added to the list of 12 existing ports/ICDs (inland container depot), thereby taking the total number of ports/ICDs to 14, for importing new vehicles," Directorate General of Foreign Trade (DGFT) has said in a notification.

New vehicles are imported through eight seaports, three airports -- Mumbai Air Cargo Complex, Delhi Air Cargo, Chennai Airport -- and three ICDs -- Telegaon Pune, Tughlakabad and Faridabad.

The eight seaports include Nhava Sheva, Mumbai, Kolkata, Chennai, Ennore, Cochin and Kattupalli.India, a major hub of automobile manufacturing in the world, mainly imports high-end vehicles and parts.

The number of commercial and passenger vehicles imported into the country is small in number.According to a media report, during the April-November period, 1,210 trucks and buses were imported into India.


Recent News


27

03/2017
Mango exporters from India eyeing South Korea and Iran markets this year

In addition to the US, EU and Australia, this year, Indian mango exporters are eyeing markets in South Korea and Iran. This will be their first attempt at penetrating these mar...

24

03/2017
Food Corporation of India chooses mjunction to auction foodgrains for two years

Food Corporation of India, the country's largest stockholder of foodgrains, has chosen mjunction to auction foodgrains for two years beginning April 2017, in a bid to provi...

22

03/2017
Packaging market expected to reach $32 bn by 2020

The Indian packaging market is expected to reach $32 billion by 2020, said N.C Saha, Director, Indian Institute of Packaging (IIP).   The Indian packaging industry con...

15

03/2017
Excellence Awards to North Gujarats Leading Start Up Exporters by iiiEM

INDIA’S OPPORTUNITY IN GENERAL India is recognized and accepted as one of the fastest growing Economy in the World. India has lot many opportunities and possibilit...