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JSW Infra to spend up to Rs 7,000 crore to boost cargo handling capacity

By Economic Times - 10 months ago
JSW Infra, India's second largest private port operator, plans to spend ₹6,000-7,000 crore over 3-4 years to increase its annual cargo handling capacity by over 40% to 250 million tonnes. The bulk of investment will be on two greenfield port projects in Karnataka and Odisha as well as the expansion of a cargo terminal. JSW Steel intends to set up a steel plant at Jatadhar port in Odisha. JSW also recently acquired majority shareholding of PNP Maritime Services, an operating port in Raigad, Maharashtra.

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