Related Keywords: by ship, cost much lower, initiative to promote coastal shipping, offer incentives, reduce cost, shipping companies agreed, signs MoU, SIMA, start transport cotton from Gujarat, textile spinning mill in Tamil Nadu, transporting cotton through ship, use RO-RO ships, with INSA
Southern India Mills’ Association (SIMA) has signed a MoU (memorandum of understanding) with INSA (Indian National Ship Owners' Association) for transporting cotton through ships. Textile spinning mills in Tamil Nadu to start transport cotton from Gujarat to their units here by ship as the shipping companies have agreed to reduce cost, said T Rajkumar, chairman, SIMA.