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Essar Ports Harbinger of hope

Essar Ports Harbinger of hope

From a modest beginning, it is now a name to reckon with among ports in India. With a massive 48 per cent profit in Q1, a port and five terminals to operationalise in the next year, the company expects to continue doing well for a second consecutive quarter (ended September). Sumantra Das writes on the emergence of Essar Ports.

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Are our Port Trusts relevant?

Are our Port Trusts relevant?

Private sector participation in development and operations of ports has increased considerably over the last few years resulting in a radical change in the organisational model of ports. The change has permeated to some extent into the Indian ports sector in the last decade. But not so when it comes to ports managed by the Port Trust system, writes Janaki Krishnamoorthi. The Government of India which administers the major ports has realised the port restructuring is essential to attract large