AILBIEA Calls for Modernization of Ports and Rationalization of Policies at The Association’s 15th Anniversary Event

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Lifetime achievement award conferred on Mr. Nadir B. Godrej, MD,
Godrej Industries ltd.  (Free-Pr-Online.com)

Mumbai, India, April 15th, 2016 — The All India Liquid Bulk Importers
and Exporters Association (AILBIEA) celebrated its 15th Anniversary on
1st April 2016 with glittering presence of officials like Mr. Prakash
Mehta, Mr. Najib Shah, Mrs. Shobha Chary and Corporate dignitaries
like Padma Bhushan Mr. Adi Godrej, Mr. M.P. Taparia of Supreme
Industries, Mr. Rupesh Aggarwal of HUL, Mr. Sudhir Malhotra of Aegis
Logistics Ltd., Mr. Himanshu Sanghvi of Overseas Polymers Pvt. Ltd,
and many other dignitaries. The highlight of this event was conferring
lifetime achievement award on Mr. Nadir B. Godrej, MD-Godrej
Industries Ltd., along with presentation of AILBIEA Stellar Awards
2016 to Star Performers.

On the receipt of award Mr. Nadir Godrej said, “AILBIEA under the
leadership of Jayyannt Lapsiaa has played an excellent role in
bringing together the trade, service providers and the government. It
has been my pleasure to work hand in hand with AILBIEA to facilitate
India’s global trade over the last twenty years. I am honoured to
receive this award and I am sure that AILBIEA will continue to
facilitate India’s global trade.”

AILBIEA, an association of traders, manufacturers, importers,
exporters and service providers engaged in the business of liquid
bulk, which has an whopping volume of 180-200 Million Tons with a
revenue of over Rs. 6.5 Lakh Crore, has called for an urgent need for
various taxes and policies to be rationalized, with removal of
antiquated policies and systems, as also for Mumbai and JNPT Ports to
be modernized in order to make this industry a globally competitive
one.

Padma Bhushan Mr. Adi Godrej, a captivating orator said, “India is a
country with immense potential for growth and AILBIEA is playing a
significant role from the front. Let us all work towards this
metamorphosis of our nation, economy and international trade. The
association also called for removal of operational constraints, stamp
duty on transfer of shipping documents, rationalization and
systemization of customs / excise procedure and a complete overhaul of
the available infrastructure.

India is set to become a major importer of a wide variety of liquid
bulk commodities such as biofuels like ethanol and biodiesel in the
near future. In such a scenario, it is imperative for our ports
infrastructure to be upgraded with state of the art technology.
Changes in the infrastructure along with change in mindset of process
owners is equally important, e.g., the customs department to change
their drive into ‘Facilitation’ gear. According to Mr. Jayyannt
Lapsiaa, President, of AILBIEA, “Any country’s economic growth is
intertwined with its infrastructure development. High transaction cost
arising from inadequate and inefficient infrastructure, delays and
hassles due to antiquated procedures and systems, is one of the major
hurdles that our economy is unable to attain its full growth potential
regardless of progress on other fronts. Port connectivity is still the
soft underbelly of the port sector. Efficient infrastructure combined
with quality and expeditious clearance procedures will help reduce
costs and sharpen the competitive edge.”

Mr. Jayyannt Lapsiaa added, “In addition, the association strongly
believes in taking along other likeminded associations and trade
bodies who pursue fostering of EXIM TRADE, so as to create a conducive
and friendly environment for ensuring better results.” In addition
to infrastructure development, the Association has identified 3 issues
which require urgent remedial attention for the Liquid Bulk industry
particularly imports and exports to match global scales and standards.
It is time that Government at the Centre and State modifies its
out-dated policies and procedures and gives the right encouragement to
trade.

Octroi levy, sales tax, stamp duty on import / export of cargo,
removal of antiquated procedures and systems, and, facilitation to
trade by revenue departments, other governmental departments and Port
are a few issues which have to be addressed immediately, if “Make in
India” and ease of doing business have to succeed.

Ever since its inception, AILBIEA has striven to address various
technical, legal, infrastructural, administrative and procedural
issues of liquid bulk trade. The stakeholders include importers,
exporters, clearing and forwarding agents, shipping agents,
installation owners, Surveyors, Barge operators and intermediaries
connected with liquid bulk trade. The primary objective of this
association continues to be that of playing a significant role of
‘Catalyst’ between various Port Authorities, Governmental and
Revenue Departments and provide more solidity and clarity in ensuring
smooth and fair operations.

AILBIEA’s anniversary events are aimed at providing an ideal platform
to Trade and Revenue and Port Departments to have healthy interactions
and also bring in closeness so that various issues could be amicably
understood and settled.

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