JSW Infrastructure (JSW Infra) is looking to go big in the commercial cargo sector, an area overwhelmingly dominated by the Adani group.
For 17 years, JSW's ports business was an arm to support the cargo needs of the conglomerate's various manufacturing businesses.
The company, with a newfound purpose in 2019 and having gone public in 2023, will be active in the Centre's ongoing monetisation plan as it requires low capital expenditure (capex) and offers high returns on capital.
With a limited presence in the container segment, the company is keen to go for mega projects like ₹77,000 crore Vadhavan Port, ₹44,000 crore Nicobar Port, and the Tuticorin Container Terminal worth ₹7,000 crore, the company's joint managing director and chief executive officer, Arun Maheshwari, told Business Standard in a video interview.
Bu hikaye Business Standard dergisinin May 06, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin May 06, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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