To take advantage of the increasing trade opportunities with India, the Board of Commissioners of the Port of New Orleans reached an agreement with Samsara Shipping Pvt Ltd to represent the Port in the 10th-largest economy in the world.
“The Port of New Orleans is well positioned for growth in imported steel products, as it offers excellent connectivity via barge, rail and truck to major oil and gas projects in the United States and Canada,” said Gary LaGrange, Port President and CEO. “With India’s fast-paced economic growth, we see opportunities to grow two-way trade between the Port and India through a variety of commodities.”
LaGrange said while the marketing focus will be on steel for oil and gas projects, the Port will also target apparel, furniture, machinery and retail merchandise.
Mukesh Oza, Group President and CEO, Samsara Group India, said it is a privilege to represent the Port of New Orleans in India and adds a feather to the diversified shipping portfolio held by Samsara.
“We welcome the Port of New Orleans to India and Samsara shall provide the right platform to explore the possibilities of growth for the Port in the land of opportunities,” Oza said.
With support of almost all major shipping lines, the Port of New Orleans offers a wide array of container and breakbulk services to and from Indian ports.
Samsara is one of the most respected, leading and reliable Shipping agencies in India. After a humble beginning in 1996 in India, Samsara has grown to offer a widespread network of 54 offices across 44 locations in India for which the key to success remains rendering shipping agency services of the highest standards to principals and customers through a team of qualified shipping professionals and the use of the latest information technology-based techniques.
India is a significant player in the global steel market and is responsible for meeting the demand of many U.S. customers. In addition, India imports many products from Louisiana, including forest products, synthetic rubber and various chemical commodities.