Ports: Safe Harbour ; Port Investments Are Continuing Apace for Now.

Summary

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Fact 1: The global economic crisis has hit Indian ports hard. The volumes were down as much as 20 per cent in the last few months.

Fact 2: Investors are continuing to see value in the Indian ports sector. 3i Private Equity committed an investment of $161 million in Krishnapatnam Port on the east coast of India in February. This was the infrastructure fund's second investment in the sector after Mundra.

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Extract

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Ports: Safe Harbour ; Port Investments Are Continuing Apace for Now.

Anil Ahuja, Head of Asia at 3i, says: There is no demand issue that we have seen in both the companies t...

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