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.
Tata Consultancy Services (TCS), which was appointed by the Indian government last year to study how minor ports and coastal shipping could be developed, has presented a draft report and named nine minor ports, which have the potential of attracting private investment.
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