Ispat Industries will invest $427m in the Indian port of Geetapuram, Maharashtra, to expand its capacity over the next two years.

The project includes adding eight extra cranes, increasing the port’s annual cargo handling capacity from six million tons to 40 million and lengthening the 400m quay to 1,700m.

Ispat is also planning to develop the bulk cargo port to a container port, according to

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.

Company Profile – free sample

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