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 Tuticorin Container Terminal in the south, operated by PSA-SICAL, has added extra yard space and commissioned new equipment to meet growing demand (see WorldCargo News December 2004, p11).
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