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Cargo Growth To Continue Driven By Crude, Containers: Study | Business Standard News

by business-standard.com posted 1week ago 23 views
The prospects of the Indian port sector are favourable, supported by healthy growth in cargo of volume drivers like crude and coal, and over the medium to long-term, it will continue to gain traction, ratings agency Icra expects. Giving the sector a stable year-end outlook, the agency said cargo growth has been driven by domestic requirements of crude oil to meet domestic petroleum requirements, and containers, given the cost and logistical advantages associated with containerisation.

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