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.
New port for India
Krishnapatnam Port Co (KPC), a family-owned start-up on India’s east coast, will invest US$1.6B in a new container and bulk port in a move designed to profit from the country’s growing trade with China.
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