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.
With ambitions to overtake India’s largest container port, Jawaharlal Nehru (JNP), the Adani group-run Mundra Port on the Gujarat coast is adding 16 berths, including container berths in an enclosed basin.
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