The Shipping Corporation of India Ltd (SCI) is poised to take participatory interest in railway transportation, terminal management, inland container depot (ICD) and container freight station (CFS) operations, the Financial Times reports.
SCI plans to invest US$5 billion over the next 10 years to expand its carrier operations by buying 70 ships, with orders for 28 ships worth US$1.6 billion already placed.
The company is currently looking for partners to form joint venture companies that would in turn take up a stake of at most 26 percent in logistic companies that are into railway transportation, terminal management, ICD and CFS operations.
|
