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 participation to enhance cargo handling capacity and modernize infrastructure at the facility on India's east coast.
The development signals growing private appetite for Indian port infrastructure as the government pushes to expand logistics capacity.
Kamarajar Port, located in Andhra Pradesh, aims to leverage private investment to upgrade its bulk handling capabilities, which are critical for commodities such as coal, iron ore, and fertilizers.
This move aligns with broader efforts to improve India's port efficiency and reduce logistics costs.
The public-private partnership model allows the port authority to share investment risks while accelerating project timelines.