The recent development of the new Indian consortium formed by Ports Global Ltd (IPGL), Sagarmala Development Co Ltd (SDCL), and Indian Port Rail and Ropeway Corp Ltd (IPRCL), underlines something more than meets the eye.
The consortium, supported by the Indian government will mainly target development opportunities along key corridors that serve India’s national interests. This business model aims to aid India in expanding its presence in overseas ports, emulating the strategy its neighbor China has successfully implemented over the past thirty years.
