JSW Group is looking for port assets as part of a strategy to expand ports capacity, its CFO Seshagiri Rao said. ´We are going for inorganic growth as there are assets that are available and that makes more sense today, and at the same rates or rates much lower than that of organic growth,´ Rao was quoted as saying. JSW Infrastructure, the group´s unlisted ports unit, has a port capacity of 33 mt across three ports on the western coast. JSW plans to increase this more than six-fold to 200 mt by 2020.
FlashNews:
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
India is ready to build for the world!
Greening India’s Freight Economy
Empowering Aatmanirbhar Infra Financing
Bharatmala: Driving Efficiencies with Technology
The Corridor of Opportunity
The New Power Corridor
Home » JSW eyes port asset acquisitions
JSW eyes port asset acquisitions
Ports & Shipping
March 1, 2016March 1, 2016

Leave a Reply
You must be logged in to post a comment.