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Out of its annual requirement of about 14 million tonnes of steel, Maharashtra buys nearly six million tonnes from mills in Odisha and Andhra Pradesh. This steel is transported on rail and roads criss-crossing various states. Jagannarayan Padmanabhan, Director and Practice Leader (Transport and Logistics), Crisil, says coastal shipping can bring down the cost of transporting steel significantly, freeing up the infrastructure for other cargo.
The country’s leading logistics player, Transport Corporation of India (TCI), has found that moving a container from Ludhiana to Kochi using rail and coastal shipping instead of trucks can reduce freight cost by 15-20 per cent.
Changes in mode of transport for bulk items can result in huge
