AsiaPorts and Logistics
India’s largest container port seeks new pastures to expand
India’s largest container port is seeking room to expand outside of Mumbai. Jawaharlal Nehru Port Trust (JNPT) is in talks to take over three other ports in Maharashtra, as it targets to more than double its profits.
JNPT is also going ahead with its efforts to develop an offshore port at Wadhawan, north of Mumbai.
Union Shipping and Ports Minister Nitin Gadkari said JNPT is looking to acquire Vijaydurg, Revas and Dighi Ports.
Of the three, only Dighi is an operational port, while the other two are greenfield sites held by other corporations.
JNPT accounts for around one half of all of India’s box throughput.