The government expects trouble at Colombo port to push traffic at Indian ports by around 50,000 TEUs in April-June.
Yashodeep Shivalkar, a banker who shifted from Chembur to Panvel five years ago, is extremely happy with his decision. Owing to its affordable property rates, Shivalkar was able to buy a spacious two-bedroom-hall apartment R
As part of its expansion plans, Jawaharlal Nehru Port Trust will invest Rs 2,000 crore to set up a marine terminal mainly catering to liquid cargoes like oil, acids and cleaning compounds.
In an interview to CNBC-TV18, SK Shetty, chairman and managing director, Allcargo Global Logistics said, "We are increasing our capacity of the container freight station by almost 100%."