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Ports of Opportunities
Capacity expansion plans at Indian ports is giving a renewed hope for port equipment players. Many port operators are acquiring new equipment as part of modernisation and expansion of handling capacities at these ports.
Krishnapatnam Port commissions 5 new e-RTGCs
Krishnapatnam Port Container Terminal (KPCT), a deep drafted container terminal on the east-coast of India, announced the commissioning of five new electrical Rubber-Tyred Gantry Cranes (e-RTGC), further bolstering its container handling capacity in the backdrop of a strong year-on-year container volume growth of 88 per cent in FY 2017-18.
On a Brighter Note
The government's increased focus on port infrastructure and through budget and Sagar Mala programme has opened new growth avenues for port equipment industry and is looking forward to a brighter future in India.
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