Business Update6 Mar 2024, 12:32 am
Allcargo Terminals Ltd to Expand Capacity in Mundra Gujarat
AI Summary
The company has purchased a land parcel of approximately 59.48 acres in Village Ratadiya, Taluka Kachchh, District Mundra, Gujarat for business/capacity expansion. The proposed capacity addition is expected to increase the yard throughput capacity by approximately 0.16 million TEUs and will be subject to regulatory clearance.,
Key Highlights
- Proposed capacity addition of approximately 0.16 million TEUs
- Expansion of container handling, warehousing, and related operations in Mundra
- Subject to regulatory clearance