India expands foreign port presence with new consortium
NewsIndia is forming a consortium to acquire and develop foreign ports, with IPGL managing operations, IPRCL handling infrastructure, and SDCL overseeing financing.
India’s major ports handled a record 383.77 mill tons of cargo in the year to March 31 2005, a growth of 11.3 per cent on the 344.7 mill tons handled a year earlier.
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