Ports in India are feeling the strain of Delhi’s push to nearly double the size of the national economy over the next five years.
But for Essar Ports — one of the country’s biggest operators — the plan to build an economy worth about $5trn in GDP a year presents new growth opportunities.
Chief executive and managing director Rajiv Agarwal expects the economic plan will drive strong demand growth due to a need for bulk cargoes and an increase in coastal cargoes.