it will be engaged in investment and development of ports in Tianjin and Hebei on the Bohai Sea.
Reportedly, the latest projects include a dry port for Chennai, the construction of a liquid terminal at Jawaharlal Nehru Port, development of a liquid terminal and operation of container terminal at Kandla Port, storage of bulk cement at Mumbai port, and development of iron ore and multi-cargo berths at Paradip Port, Odisha.
Indiaboasts one of the biggest merchant shipping fleets among developing countries, and is ranked seventeenth overall in the world.