What is Mundra Port and Special Economic Zone

Mundra Port, Gujarat, India, is a major private port operated by Adani Ports and Special Economic Zone Limited (APSEZ). It is known for its strategic location and is one of the largest commercial ports in the country. The port is situated in the Kutch district of Gujarat, near the Gulf of Kutch. APSEZ has developed an industrial zone in Mundra known as the “Mundra Special Economic Zone” (MSEZ). This zone offers various facilities and infrastructure to attract industrial and manufacturing units. It provides land for lease or sale to businesses interested in setting up their operations within the port area.

Mundra Port is an all-weather port, it is the largest commercial port in India with state-of-the-art infrastructure, Largest Coal Import Terminal which gives faster cargo evacuation and minimal turnaround time. Here are a few highlights of Mundra Port

• Mundra Port is the Round the year, all-weather port with no LOA restrictions.
• Mundra Port is the largest private port and the largest container port in India.
• Single window service by APSEZ, Mundra for all activities related to berthing, stevedoring, and backup handling to dispatch.
• Mundra Port also has the country’s largest coal import terminal.
• The state-of-the-art commodity-specific facility enables consolidation of cargo, helping traders benefit from spot future arbitrage.
• High-heaping equipment for heaping the cargo in open plots.
• Complete covering of cargo during monsoons
• Mundra also provides an ideal base for traders due to its relatively short logistics connectivity to the north-western hinterland. It is easily accessible from all major industrial destinations in Delhi, Rajasthan, Gujarat, Madhya Pradesh, Punjab, Haryana, and Himachal Pradesh for the export of cargo.

Read – How to Start a Business/Factory in Mundra Port, Gujarat

What is Adani Port and Special Economic Zone Limited

Adani Ports and Special Economic Zone Limited (APSEZ) is the largest commercial port operator in India accounting for nearly one-fourth of the cargo movement in the country. Its presence across 13 domestic ports in seven maritime states of Gujarat, Maharashtra, Goa, Kerala, Andhra Pradesh, Tamil Nadu, and Odisha presents the most widespread national footprint with deepened hinterland connectivity. The port facilities are equipped with the latest cargo-handling infrastructure which is not only best-in-class but also capable of handling the largest vessels calling at Indian shores. Adani ports are equipped to handle diverse cargo, from dry cargo, liquid cargo, and crude to containers.

Through its subsidiary Adani Logistics Ltd., APSEZ operates three logistics parks located at Patli in Haryana, Kila-Raipur in Punjab, and Kishangarh in Rajasthan.

Buy/Lease Industrial Plots in Mundra Port, Gujarat

The Mundra Special Economic Zone offers a range of industrial land plots with varying sizes and specifications to cater to different business requirements. The availability of land and specific details such as pricing, lease terms, and infrastructure facilities may vary over time. It is recommended to directly contact the authorities at Adani Ports or their representatives to obtain the most up-to-date information about industrial land in Mundra Port. Mundra Port, with its proximity to major transportation routes and access to both domestic and international markets, makes it an attractive destination for industrial activities. The Mundra port-based multi-product manufacturing zone is also well-connected to all major global markets through the sea routes – the Middle East, Europe, the US, Africa, the Indian subcontinent.

• Adani Port SEZ: Adani Port Special Economic Zone (APSEZ) in Mundra is a well-established industrial zone with excellent connectivity and infrastructure. It offers a wide range of industrial plots suitable for different industries.
• Mundra SEZ: Developed by the Gujarat Adani Port Limited (GAPL), is another prominent industrial zone in the Mundra region. It offers a strategic location near the port and provides reliable utilities and transportation connectivity, excellent for businesses.
• Coastal Belt: The coastal belt offers opportunities for industrial development. This region provides access to port facilities, which can be advantageous for businesses involved in import-export activities. Additionally, the coastal location can be beneficial for industries requiring proximity to water bodies, such as fishing, seafood processing, or desalination plants.
• GIDC Mundra Industrial Estate: Industrial area developed by GIDC in Mundra.
• Mundra-Gandhidham Highway: The stretch is an emerging industrial corridor. It offers good connectivity to both Mundra Port and Gandhidham. This location provides easy access to transportation networks and is suitable for industries requiring efficient logistics.

Read – How to Lease/Rent Warehouse in Mundra Port, Gujarat

Tentative prices of industrial area in Mundra Port:

The average price of industrial land in Mundra Port is varied. Although, these costs may change based on the location, facilities, ease of access, and demand in the particular industrial area.

Mundra Port and SEZ Benefits

• Waiving off state levies and entry tax.
• 100 percent exemption on export profits for the first five years and 50 percent for the next five years.
• 50 percent exemption on plowed-back profits for five years after the first 10 years.
• Exemption of excise duty, custom duty, service tax, VAT, stamp duty, and lease tax.
• Exemption from electricity duty for 10 years from the date of commencement of operations.
• Domestic Tariff Area (DTA) supplier is eligible for export benefits on SEZ sales, enabling competitive procurement costs.
• Cost-competitive financing can be availed from Offshore Banking Units (OBUs).
• External commercial borrowings up to US$500 million can be availed without any specific approvals.