Key Points
India is very well-positioned to take advantage of the global supply chain resilience and multi-sourcing shift, said APM Terminals CEO Keith Svendsen...
On India plans, he said APM Terminals, part of Maersk Group, plans to invest about 3,500 crore in its Pipavav port, but a large part of the proposed capex is subject to extension of the port lease...
Svendsen said the past couple of years have taught the whole world the importance of supply chain resilience and multi-sourcing..
"As a company involved in both shipping logistics and terminal ports, we would love to play a role in helping to solve some of these problems," said Svendsen...
"We just announced an LPG investment in Pipavav, which is subject to regulatory approvals," he said, adding that at GTI (located in the Nhava Sheva's Jawaharlal Nehru Port), the company upgraded infra to ensure that it is able to handle larger vessels...
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