The J M BAXI GROUP, a pioneer in shipping support services and infrastructure development in the country has developed a clean cargo and container terminal, Paradip International Cargo Terminal Private Limited (PICT) on the eastern coast of India on a Build-Operate-Transfer (BOT) basis.
Location
Located at 210 nautical miles on the south of Kolkata and 260 nautical miles on the north of Visakhapatnam on the Bay of Bengal. PICT will play the part of a critical gateway port in order to cater to the eastern and north-eastern part of India. The port is serving both international as well as coastal trade routes within the country.
The Launch
The Concession Agreement was signed on the 7th day of March, 2015 between Mr. M.T. Krishna Babu, Chairman, Paradip Port Trust on behalf of Paradip Port and Shri Dhruv Krishna Kotak, Joint Managing Director, J M BAXI GROUP on behalf of PICT at Paradip on public-private partnership mode.
The PICT marketing team initially made a detailed market study of Odisha and its hinterland without restricting to the available market survey reports and in the shortest possible time frame. Strategies were devised, micro-level detailed planning sketched and the team embarked on the mission to make 'PICT the Shining Star' of J M BAXI GROUP.
The journey of the team, so far, has been excitedly challenging from identifying the prospective clients, their decision makers and contacting them in the best possible economical medium by setting-up an office in Bhubaneswar for cost efficiency. The team with their ‘can do’ attitude and keeping the organizational goal as their main motto delivered expected results. The marketing team was also entrusted with the task of proving the projected potential of PICT to a set of financiers - this too was accomplished with good results.
Enormous efforts of PICT marketing throughout the state of Odisha and hinterlands received huge encouragement and hearty welcome from the trade. Few of the trade connects by team PICT as below:
Make-In-Odisha Conclave (November 2016)
MSME Trade Meet, attended by Chinese delegates
Trade & Liner Interactive Session (May 2018)
An interactive session was held on 11 th day of May, 2018 at Hotel Swosti Premium which witnessed representative from esteemed organizations of various sectors, such as Steel, Aluminum, Ferro Alloys, Seafood, CHA, MLOs etc.
congratulating the J M BAXI GROUP for developing such a world class terminal in the region.
Smart Logistics Summit & Awards (June 2016)
The Developments
PICT received its Customs Notification on 18th May, 2018 and since then it has already handled 14 vessels (2, 42, 695.798 MT of break bulk cargo along with 1,893 containers).
PICT announced its maiden handling on the 27 th day of May, 2018 with the berthing of MV DMC JUPITER.
The local trade dealing in Steel, Aluminium, Alloys, Fertilisers, Garments, Textiles, Rice, and Engineering goods, Machinery, Paper, Granite and Seafood would reap benefits of the state-of-the-art multi-purpose clean cargo handling facility at PICT, resulting in cost savings for the exporters and importer who were earlier relying on terminals farther than PICT.
The Container Yard with its 1260 ground slots is all-set and can accommodate more than 3000 containers at a time along with 96 plug points for reefer containers.
The terminal has been developed in an area of 22.24 hectares which includes a fully covered warehouse of 25,000 square meters. The terminal is well with modern equipment for faster and seamless handling of clean break-bulk and bulk cargo.
PICT is gearing up for its second tremendous launch in terms of handling containerised cargo. Our team has already created a huge market potential in this regard and will soon with the advent of Berth II and EXIM Shipping calls commence a new era.
A long wait for ‘Clean cargo & container terminal’ has come to an end for the Odisha region and its trading community with the opening of PICT.