Facing stiff competition from the neighbouring Jaigad port of JSW Group, Chowgule-owned Angre Port has chalked out a road map for an assured revenue stream that would give it stronger global identity.
“The plan is to develop Chowgule-owned 280 acres adjoining the port via strategic partners who can establish long-term and sustainable businesses with the port. In this manner, we look to get anchor customers for our port in turn ensuring assured revenue stream,” C P Jayakrishnan, chief executive officer of Angre Port, told Business Standard.
The agri-based port of Angre is a riverine port that currently exports sugar and molasses to