Up to Rs 7,000 crore would be spent by JSW Infra to increase freight handling capacity.
economictimes.indiatimes.com
India
06-02-2024
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The second-biggest private port operator in India, JSW Infra, intends to invest ?6,000–7,000 crore over the course of three to four years to boost its capacity to handle 250 million tonnes of cargo annually—a 40% increase. The development of a cargo terminal and two greenfield port projects in Karnataka and Odisha will receive the majority of the investment. In Odisha's Jatadhar port, JSW Steel plans to establish a steel mill. Additionally, JSW recently purchased the bulk of PNP Maritime Services' shares in the port company that operates in Raigad, Maharashtra.