JNPT signs MoUs to boost Indian port industrialisation
Jawaharlal Nehru Port Trust (JNPT) has signed more than 30 memorandums of understanding (MoU) with potential investors for port projects, technological advancements and development of plots in the port’s special economic zone (SEZ).
Worth around INR27,000 crore (US$3.7m), the investment partners include DP World, JM Baxi & Co., Ganesh Benzo, BPCL, NITIE, SS G Pharma Pvt. Ltd., Sooraj Agro, JWR logistic Pvt. Ltd and Cineline India Ltd.
It is hoped that the MoUs will help drive improvements in manufacturing, IT services, warehousing/cold storage, pharmaceuticals, confectionary manufacturing, engineering services and food processing.
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