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:
DHL Group Expands New Energy Logistics Amid Global Supply Shifts
IN‑SPACe Funds Three Startups to Propel Indigenous Space Innovation
AM/NS India, IIT Roorkee Forge Strategic Pact for Manufacturing Innovation
Second Heavy Haul Seminar 2026 Charts Future of Rail Freight
Delhi Airport Transfer Traffic Hits 27%, Reinforces Hub Status
CleanMax-GACL Seal Gujarat’s Largest Hybrid RE Partnership for Industrial Decarbonisation
Atlanta Electricals Wins ₹2.85 Billion PSTCL Transformer Order
ULCCS Model Gains Global Spotlight at UN Symposium
India Clears ₹100 Billion ATF Stabilisation Package Amid West Asia Crisis
Chasing 70 GW Ambition, Suzlon 2.0 Re‑invents Wind for Energy Transition
Digi Yatra Crosses 100 Million Journeys, Expands Seamless Travel Across 38 Airports
AM/NS India Wins First PM‑SETU Approval, as Andhra Pradesh Leads ITI Transformation
NHAI Finalises Highway Monetisation Plan for FY2026‑27
Sonowal Launches Port Performance Index, Digital Maritime Reforms to Boost Competitiveness
MGL and Fourth Partner Energy Ink MoU for Clean Energy Push
IGIA Deploys SKYCAST, India’s First Next‑Gen All‑Weather Station to Boost Aviation Safety
REC Signs MoU with ERDA to Strengthen Quality Assurance under RDSS
SEIL Energy India Hosts South India’s First C&I Conference
AM/NS India Sets Global Benchmark with Ultra‑High Strength Welded Pipes
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.