JSW Infrastructure plans to invest up to Rs. 7,000 crore to enhance cargo handling capacity

JSW Infrastructure, the second-largest private port operator in India, is set to invest Rs 6,000-7,000 crore over the next 3-4 years to increase its annual cargo handling capacity by over 40% to 250 million tonnes. The major part of the investment will go into two greenfield port projects in Karnataka and Odisha, along with the expansion of a recently acquired cargo terminal. Construction for both greenfield projects is expected to commence this year, with one in Keni, Karnataka, and another in Jatadhar, Odisha. The projects aim to enhance JSW Infrastructure's capacity to meet the growing demand for cargo handling.

ET