India Aims To Invest $100 Billion In Shipping, Ports By 2020

Moby-Dick at 10h02
15
Jan
2011
India Aims To Invest $100 Billion In Shipping, Ports By 2020

India aims to invest INR4.52 trillion ($100 billion) by 2020 to build new ports and develop its shipping industry in a bid to boost trade, Shipping Minister G.K. Vasan said.
The investment will likely more than triple India's annual port handling capacity to 3.2 billion tons, Vasan said in a statement late Thursday while unveiling the "Maritime Agenda 2010-2020" plan. That capacity will be higher than the estimated 2
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15/01/2011 at 10h02 by "Moby-Dick"