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Maersk Has Terms For Investing $5bn

Mint New Delhi

|

March 01, 2025

The investment in Pipavav port is proposed to go into expanding capacity of the port by increasing its draft

- Nehal Chaliawala

P. Moller-Maersk has offered to invest up to $5 billion in India to expand its local operations, but about $2 billion of this is contingent upon the shipping and logistics major getting an extension of its 30-year concession for the Pipavav port in Gujarat that expires in September 2028.

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