Deendayal Port Authority Launches SAAGAR Initiative with First Volume Commitment from PFP Group

Kandla, Gujarat, 26 July 2024: Deendayal Port Authority (DPA) proudly announces the introduction of its new incentive scheme, Strategic Actions to Aid Growth and Rewards (SAAGAR), designed to boost growth through volume commitments. The PFP Group from New Zealand and Australia, represented by Director Mr. Eddie Shin, has become the first trade partner to engage with this scheme.

PFP Group has committed to a guaranteed minimum volume of 0.5 million metric tonnes (MMT) of timber imports to DPA over the next 11 months. This commitment marks a significant step in meeting India’s increasing round wood requirements and improving the efficiency of timber imports.

PFP Group has expressed their gratitude to DPA and their clients in India, along with Handling Agents Rishi Shipping and Ship Agents M/s DBC Sons (Guj) Pvt. Ltd., for their support in facilitating this partnership.

Mr. Eddie Shin extended his thanks to Shri Sushil Kumar Singh, IRSME, Chairperson of DPA, Shri Nandeesh Shukla, IRTS, and his team for prioritizing and streamlining the SAAGAR scheme.