Muted cargo growth making port companies cautious on investment

Companies continue to remain bullish on investment cycle for long-term

Since the last few years, a narrow-ranged port cargo growth of 4-5 per cent has made the domestic port sector cautious about its short-term investment plans.

“At this juncture, (from the industry perspective) it is difficult to think of building port capacity entirely for the third-party cargo. With the muted cargo growth that we (industry) have had it would be risky,” said an official with JSW Infrastructure. “A right mix of captive and third-party improves chances of survival, in the sense, shows better utilisations for the port. This, in turn, means better revenue visibility for the port as part of