Hutchison Port Holdings (HPH) is set to strengthen its presence in India’s maritime sector following a change in control that could allow it to bid for key port projects. The move comes as India ramps up investments in port infrastructure and logistics under initiatives like Sagarmala and the PM Gati Shakti Plan.
HPH, a global leader in port operations, is eyeing opportunities in India’s rapidly expanding container and cargo handling industry. With the Indian government encouraging public-private partnerships (PPP) to boost port efficiency, international players like HPH stand to benefit from new investment-friendly policies.
Industry experts believe that as India’s trade volumes grow, modernizing ports will be crucial for improving logistics efficiency and reducing costs. With its vast experience in managing container terminals, bulk cargo handling, and port automation, HPH is well-positioned to contribute to India’s maritime growth.
If the regulatory changes favor HPH’s bid for Indian port projects, the company’s entry could bring advanced technology, global expertise, and increased competition, ultimately benefiting India’s supply chain and trade infrastructure.
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Despite concerns over slow growth in Indian Railways freight loading, Union Railways Minister Ashwini Vaishnaw has reaffirmed that the government's ambitious Mission 3000 remains on track. The initiative aims to achieve 3,000 million tonnes (MT) of cargo by 2030, with major infrastructure projects set to drive exponential growth in railway freight volumes.
“Mission 3000 is still very much in sight. Several projects, once completed, will result in a quantum jump in railway cargo transportation. For instance, the Sonnagar-Andal quadrupling project will significantly boost freight loading capacity. Similar growth is expected from other infrastructure upgrades,” Vaishnaw stated at a conference in New Delhi.
The Indian government is making record investments of ₹2.5 trillion annually in railway infrastructure to modernize the sector, which had been neglected in the past. To meet its rail freight target, Indian Railways must double its freight output over the next five years, ensuring increased efficiency and improved logistics for businesses across the country.
Explore the latest edition of Journal of Supply Chain Magazine and be part of the JOSC Daily News Bulletin.
Discover all our upcoming events and secure your tickets today.
Journal of Supply Chain is a Hansi Bakis Media brand.