The Vadhvan Port Project Ltd.,located a hours north of Mumbai is set to become India's largest port, plans to raise $3.6 billion in debt to fund its development. This initiative is a cornerstone of Prime Minister Narendra Modi's infrastructure overhaul. The project owners are seeking 15 to 20-year debt from both...
India to Expand and Upgrade Its Port Infrastructure
The New York Times, often berated by some Indians for negative coverage about India, just published a largely glowing story about its seaport expansion. The Jawaharlal Nehru Port on India's west coast is a crucial hub for the country's growing manufacturing and export industries. The port, located just south of...