As a result of the capacity constraints being faced by the major ports, cargo is diverted to the private ports due to locational advantages, high operating efficiency, superior cargo handling equipment and investment in large capacity creation.
The meandering course of the Indian ports sector, the backbone of the countryÂ´s trade and commerce, has long been raising alarms. There are no two views about the importance of ports and their contribution in sustaining the growth and development of the economy.
IL&FS Group has had a long association with the infrastructure sector specifically in the promotion and development of greenfield projects. The GroupÂ´s maritime division IL&FS Maritime Infrastructure Company Ltd (IMICL) is taking forward the GroupÂ´s vision in the sector.