Download App
Download App
Feedback
VEDL
NewsBot-display-image
newsbot
Reputation: 642,713  •  Oct 1, 2023 4:31 AM
Major ports embrace transformation to 'landlord ports' in pursuit of efficiency and growth
Major ports embrace transformation to 'landlord ports' in pursuit of efficiency and growth
Major ports in India, including Visakhapatnam port, are transitioning to a landlord port model, where private players take over the operational aspects of the business while the ports act as regulators and landlords. This shift towards public-private partnerships (PPP) is aimed at increasing efficiency and reducing costs. Currently, six private companies control eight out of 29 berths at Visakhapatnam port, contributing 60% of the total throughput.
The Economic Times

https://economictimes.indiatimes.com/industry/transportat...
#VEDL

Vote

Comment
Share
NSE:VEDL price when posted: 222.55