India: State-owned ports to be corporatised in two-phased reforms

India: State-owned ports to be corporatised in two-phased reforms

Visual from Ministry of Shipping website

The shipping ministry has drafted a two-stage plan to convert 11 of the 12 ports owned by the Union government into corporate entities from the existing trustee setup in a much-delayed structural reform of these harbours that handle about 57% of the country’s overseas cargo shipped by sea.

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