24 firms to invest Rs 60,000 cr in largest container port

JNPT, which has also awarded an over Rs 7,900-crore project to more than double its container handling capacity, is investing Rs 4,000 crore in the SEZ which is supposed to be spread over 277 hectares

Union Shipping and Ports Minister Nitin Gadkari on Saturday said 24 companies have offered to invest over Rs 60,000 crore in a special economic zone (SEZ) adjoining the country’s largest container port Jawaharlal Nehru Port Trust (JNPT).
 
“24 companies have already offered to come (and) set up (ventures) in JNPT SEZ who will use it for exports,” Gadkari said, speaking at a seminar here. This would entail an investment of Rs 60,000 crore and create employment for 1.25-1.50 lakh people, he said.
 
Prime Minister Narendra Modi had laid the foundation for the facility months after being sworn-in on