JSW Infrastructure, a port business, has opened its first container terminal at the New Mangalore Port Trust (NMPT) in Karnataka, and plans to invest Rs 300 crore in phases to increase capacity to 4 lakh twenty equipment unit (TEU) by FY24.
JSW Infrastructure has entered the container transport market with the commissioning of the container terminal at NMPT. JSW Infrastructure is one of India’s top five port corporations, and is part of the USD 13 billion steel-to-sports JSW Group.
“JSW Infrastructure has commissioned its first container terminal at NMPT. It marks JSW Infrastructure’s diversification and foray into the container cargo business,” a company statement said.
