Five companies, including international operators, have expressed interest in developing bulk terminals at Kamarajar Port in India through a public-private partnership model.
The port authority is seeking private sector involvement to enhance cargo handling capabilities and modernize infrastructure at the facility located in Andhra Pradesh.
The move reflects a broader trend of private capital entering India's port sector to address capacity constraints.
As global trade volumes remain robust, efficient port operations are critical for maintaining supply chain fluidity.
The involvement of global players suggests confidence in the long-term growth potential of Indian logistics infrastructure.
This development aligns with other recent infrastructure investments in the region.