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Muted Cargo Growth Making Port Companies Cautious On Investment | Business Standard News

by business-standard.com posted 2weeks ago 13 views
Companies continue to remain bullish on investment cycle for long-term. : Since the last few years, a narrow-ranged port cargo growth of 4-5 per cent has made the domestic port sector cautious about its short-term investment plans. “At this juncture, (from the industry perspective) it is difficult to think of building port capacity entirely for the third-party cargo. With the muted cargo growth that we (industry) have had it would be risky,” said an official with JSW Infrastructure. “A right mix of captive and third-party improves chances of survival, in the sense, shows better utilisations for the port.

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