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 longest established container manufacturer, Trans Freight Containers, has “temporarily” halted production of ISO containers at its factory near Bombay citing “adverse market conditions and severe competition from China, which have seen the company make losses for the past several years.”
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