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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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CII holds interactive session: Inland Container Depot to come up in Kadakola

Here is good news for industrialists. If everything goes accordingly and the State government gives possession certificate — which is likely to be given in another 10 days’ time — the Container…

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Published March 18, 2017 · 2 min read
cii holds interactive session:

Here is good news for industrialists. If everything goes accordingly and the State government gives possession certificate — which is likely to be given in another 10 days’ time — the Container Corporation of India (CONCOR) will set up Inland Container Depot (ICD) between Kadakola and Thandavapura region in another 16 months’ time. The Depot will be  on the lines of one which already exists at Whitefield in Bengaluru. This was disclosed by Dr. Anup Dayanand Sadhu, Group General Manager, CONCOR, at an interaction session organised by CII Mysuru at SJCE-STEP in city last evening.

Interacting with the CII members and industrialists, he said: “As per revised plan, the depot will be set up in a 55-acre land at a cost of Rs. 100 crore. Once the depot becomes a reality it will be a big boost to industries. For Customs Duty, they need not go to Port; all formalities  will be done at the Depot and a separate office of Customs  will be set up.”

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