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 A V Birla has decided to develop its own captive jetty at Dahej in the western Indian state of Gujarat into a full scale commercial port. When fully developed, it will have the capacity to handle 5 mill tons of cargo a year against a current capacity of 2 mill tons.
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