As the competition for hinterland cargo set to get intense with the upcoming commercial port at Subarnarkeha, the established ports at Paradip and Dhamra in Odisha are looking beyond bulk cargo to drive growth in the future.
The port in Paradip and Adani-owned Dhamra port are currently servicing Tata Steel's Jamshedpur steel plant. But once the Subranarekha port commences full-scale operations, the steel company is likely to shift the entire cargo for its Jamshedpur plant to the new port.
Tata Steel has acquired 51 per cent stake in Chennai-based Creative Port Development Ltd, the special purpose vehicle (SPV) with a