Government received investments worth US $636.17 million (about Rs 4,272 crore) in the shipping sector under the 'Make in India' initiative. "An amount of US$ 636.17 million has been received up to May, 2016 in Shipping Sector under Make in India initiative since its inception in September 2014," Shipping Minister Nitin Gadkari said in a written reply to the Lok Sabha. Other major ports namely Kolkata, Paradip, Kamarajar, VO Chidambaranar, New Mangalore, Mormugao and Mumbai are in the process of implementing the system, he said. RFID based Gate Automation System has been implemented at major ports of Chennai, Cochin, Kandla and 2 terminals namely GTICT and NSICT of Jawaharlal Nehru Port. Government has taken significant initiatives under the 'Ease of Doing Business-Trading Across Borders to simplify cargo clearance process, reduce congestion and dwell time at major ports, he added.

Source: dna July 21, 2016 18:59 UTC