Mr. Ankit Patel,
Vice President & Co-Head, Corporate Ratings,
The government’s plan to award 7 projects via Public Private Partnership (PPP) route at Major Ports worth Rs 2000 crore in FY2021-22 is likely to increase the involvement of private players in O&M services at the major ports. Further, a new scheme will be rolled out to promote flagging of merchant ships in India by providing subsidy support to Indian shipping companies in global tenders floated by Ministries and CPSEs. For this Rs. 1624 crore will be provided over 5 years and should enable companies to enhance their global share
