Jawaharlal Nehru Port Trust (JNPT) in India is planning Rs570bn ($11bn) over the next eight to ten years to expand port capacity by five times.
In the first phase, the port capacity is set to increase from 4 million tons to 10.5 million tons, while in the second phase is expected to jump to 22 million tons.
Go deeper with GlobalData
JNPT is planning to invest INR80bn ($1.6bn) to develop the fourth container terminal, with a capacity of 4.8 million teus in three to four years.
Around Rs61bn ($1.2bn) will also be invested to dredge an exclusive ship channel.
The port, which handles about 55% to 60% of containers in India, plans to invest Rs200bn ($4bn) for development of liquid cargo berth in three years, which will have capacity upto 18 MTPA, reports PTI.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
