Latest news with #VArunRoy
New Indian Express
3 days ago
- Business
- New Indian Express
Tamil Nadu approves rates for land acquisition in Parandur
CHENNAI: The Tamil Nadu government has approved land acquisition rates for the second Chennai airport proposed at Parandur in Kancheepuram district. The rates have been fixed from Rs 35 lakh to Rs 2.57 crore per acre based on the Guideline Value (GLV), sale value and private negotiations held at the district- and state-levels to arrive at a 'fair' price. A Government Order was issued by V Arun Roy, secretary of the Industries, Investment Promotion and Commerce Department, on June 25. However, residents protesting against the project — since July 2022 — alleged that the state government, in its G.O., has 'misleadingly' shown the GLV and sale value to be the same in a majority of cases in order to 'deceive people'. Women getting pensions under four schemes can avail KMUT The G.O. stated that eligible female family members of women receiving monthly pensions under four other schemes — the Indira Gandhi National Widow Pension Scheme, Destitute Widow Pension Scheme, Destitute/Deserted Wives Pension Scheme and the Pension Scheme for Unmarried Poor Incapacitated Women Aged 50 and Above — will also be allowed to apply for the KMUT scheme. 'Only after receiving the applications will we know how many female family members of beneficiaries under the four social security schemes will benefit from these relaxations. The beneficiaries themselves are not eligible to apply for KMUT,' said an official from the revenue department.
Time of India
18-05-2025
- Business
- Time of India
Win with warehouses
Two weeks ago, Tamil Nadu govt officials announced that the state was going to soon release a policy on warehousing with a focus on the delta districts. Given that the state integrated logistics policy and action plan (ILPAP) was prepared in 2023, why a warehousing policy? A dedicated warehousing policy, expected to be launched by Oct 2025, could serve as a benchmark for integrating storage solutions in the entire logistics value chain, says state industry secretary V Arun Roy. The ILPAP is focused on "overall logistics movements in the state", he adds. A few national and international developments have made a warehousing policy imperative. First, the Union govt announced development standards for warehouses, which provides guidance on specific cargo type and services. "The (TN) policy would focus on warehousing as a sub-sector of the entire logistics ecosystem," says Roy. Second, the new US tariffs have opened up investment and expansion opportunities for TN and an efficient warehousing roadmap is critical to making the most of them. Tamil Nadu Industrial Development Corporation (Tidco) MD Sandeep Nanduri says, the state govt plans a "robust institutional mechanism" to support growth of the warehousing sector. At the heart of this plan is a more commodity-based approach instead of a one-size-fits-all policy. "This will ensure a broader coverage, from perishables to automobile, from cement to electronics, considering the diverse commodity profile of the state," he adds. Currently the state govt is consulting multiple stakeholders. "The policy aims to establish warehousing clusters in tier-2 and tier-3 cities that could seamlessly integrate with TN's industrial development plan," says Roy. Tamil Nadu is looking to develop several "logistics parks or MMLPs (multi-modal logistics parks), dry ports and other road and rail-based freight terminals, working with central logistics agencies and private players through PPP", he adds. Two major investments on this front are MMLP Mappedu (Chennai) and MMLP Coimbatore. "Mappedu is expected to be completed by 2027 following which the second phase would be constructed," says Roy. "We are in advanced stages of land acquisition near Coimbatore." The state's warehousing capacity is between 10-15 million sqft with large third-party logistics clusters in Chennai and Coimbatore. Chennai alone contributes more than 5 million sqft of warehousing volume, and Coimbatore contributes another 2 million sqft. The fragmented warehousing market in tier-2 and tier-3 cities is yet unaccounted for. With the new policy, govt would streamline the registration process, which would allow it to monitor the available space and gaps. "The focus of the warehousing policy is to capture the untapped potential of cities such as Hosur, Trichy, Madurai, Tuticorin etc," says Arun Roy. The policy focuses on the delta region because it is the hub for perishables, agro and fishing industries . "The region has a huge potential for development of cold storage facilities for domestic as well as export-oriented supply chain," says Arun Roy. Logistics experts say that apart from attracting new investments, the policy will also cater to existing investors. "Given TN's strong agricultural and horticultural base, developing infrastructure with temperature control and storage segregation that are integrated with downstream industries will greatly reduce wastage and improve value realisation for our farmers," says R Dinesh, chairman, TVS Supply Chain Solutions. Also, he adds, warehouses near manufacturing clusters should "align with production clusters and their supply chain needs". What will help is the development of a key transshipment hub in neighbouring Kerala. "India's first deepwater transshipment port at Vizhinjam is being built by Adani. Once fully operational, containers that are headed to Colombo for transshipment can be routed to Vizhinjam. This opens up a big warehousing opportunity for both north and south TN particularly Tuticorin, Tirunelveli and Kanyakumari," says Rejyson Samuel, director & CEO, Sandook Logistics.
