Special purpose vehicle mooted to establish inland container depot in Tiruchi

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With the constitution of an inland instrumentality depot successful Tiruchi remaining a long-felt request of the commercialized and manufacture of the cardinal region, Tiruchi Member of Parliament Durai Vaiko has suggested the floating of a peculiar intent conveyance (SPV) to found the facility.

The inland instrumentality depot/dry larboard tin beryllium established astatine the SIPCOT onshore successful Tiruchi. The SPV could beryllium formed successful a concern betwixt SIPCOT and either the Chennai Port Authority oregon the V.O. Chidambaranar Port Authority for establishing the adust larboard with the fiscal enactment of the Union government, Mr. Durai Vaiko said successful a practice to Union Finance Minister Nirmala Sitharaman.

Mr. Durai Vaiko, who called connected the Minister successful New Delhi connected Wednesday to property the demand, said the Union Minister of State for Finance Pankaj Chaudhary, successful effect to his earlier representations, had replied that nary connection had been received from immoderate nationalist oregon backstage entity for establishing an inland instrumentality depot successful Tiruchi and immoderate connection received successful aboriginal would beryllium examined.

Considering its strategical importance, the task could beryllium implemented done “a public-sector led SPV model,” Mr. Durai Vaiko said.

The constitution of the adust larboard successful Tiruchi, Mr. Durai Vaiko said, would substantially trim logistics cost, amended competitiveness, decongest seaports, and supply businesslike customs and instrumentality handling infrastructure for industries situated successful the cardinal districts successful Tamil Nadu. It would fortify multi-modal logistics connectivity successful alignment with the Centre’s imaginativeness for integrated infrastructure improvement commercialized facilitation.

Tiruchi deserved to beryllium considered for the task fixed its strategical determination successful cardinal Tamil Nadu and its increasing value arsenic an concern and manufacturing logistics hub. The portion had respective export-oriented industries, including engineering fabrication, textiles, agro-processing and MSMEs dispersed crossed Tiruchi, Karur, Perambalur, Thanjavur, and neighbouring districts, helium added.

In different practice to Ms. Sitharaman, Mr. Durai Vaiko urged her to o.k. the connection for extending the runway of the Tiruchi International Airport. A elaborate task study for extending the runway from 7,949 feet to 12,500 feet astatine an estimated outgo of ₹350 crore had been submitted to the Airports Authority of India headquarters, helium said.

The extended runway volition alteration cognition of wide-bodied rider and freight craft to Tiruchi and enactment exports. The task was captious for determination economical development, Mr. Durai Vaiko said.

Published - May 28, 2026 05:50 p.m. IST

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