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Maersk and Tamil Nadu Government enter into partnership on Logistics
A.P. Moller – Maersk (Maersk) and the Government of Tamil Nadu have entered into a partnership to explore strategic opportunities together to meet the growing EXIM trade in the state. A MOU in this regard was signed by both during the Tamil Nadu Global Investors meet 2024 which opened at Chennai on January 8th
Mr.G.Chandrasekar Jan 08 2024 Logistics News (Roadways & Railways)

Maersk and Tamil Nadu Government enter into partnership on Logistics

Maersk will now explore opportunities to invest in land development to create logistics hubs…. Maersk will also study the customer needs for storage facilities and build modern, state-of-the-art warehousing facilities that would incorporate the latest Warehouse Management Systems for the most efficient inventory management and focus on waste reduction.  Maersk will also invest in building a fleet of electric trucks that will ensure sustainable and environment-friendly distribution. This is an imperative for some of the top customers of Maersk who have set for themselves stringent NetZero targets and who reply on logistics partners who can deliver de-carbonized solutions.

Tamil Nadu is currently connected to the global ocean network through Maersk’s two major service calls..

Maersk offers a robust integrated logistics solutions in Tamil Nadu to various global and local customers across sectors…Speaking at the occasion, Vikash Agarwal, Managing Director, Maersk South Asia, commented, “We have a long-standing 25-year relationship with the state of Tamil Nadu. The state’s conducive business ecosystem, robust infrastructure and a future-proof talent pool make it an attractive destination to invest in.

Mr.V.Vishnu  Managing Director and CEO, Guidance, Tamil Nadu, said, “. We believe this collaboration would bring the right global expertise, network, and ambition to enable the growth of trade in the state..”The Government of Tamil Nadu will provide Maersk with the right access to information, enable faster decision-making and provide a conducive environment to implement the latest in technology and best global practices.

While Maersk will continue serving the focus sectors of Renewables, Automotive, Electronics, Textiles & Apparel, and Chemicals, it will also explore potential opportunities in serving the sunrise sectors of pharma, footwear and finished leather goods and technical textiles.

Tamil Nadu is currently the 3rd largest contributor to India’s GDP, with the potential to become the second-largest next year. It is also the third-largest exporter from India, with an ambition to become a 1.trillion USD economy by 2030. In a state with such ambitions and a clear roadmap aided by a conducive business ecosystem, the right policy framework, a competitive environment and a large pool of young and future-proof talent, it is a win-win for Maersk and the state to partner and explore all potential opportunities for enabling trade.