Easier investment will help develop port infrastructure

By Shardul Thacker, Mulla & Mulla & Craigie Blunt & Caroe
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Ports occupy a significant position in India’s overall infrastructure development, acting as a pivotal link between transport by land and sea.

Shardul Thacker, Partner, Mulla & Mulla & Craigie Blunt & Caroe
Shardul Thacker
Partner
Mulla & Mulla &
Craigie Blunt & Caroe

To enhance the availability of adequate infrastructure facilities to facilitate the efficient movement of commodities, the government of India has encouraged investment in various sectors.

A gateway to international trade by sea, Indian ports account for 90% of foreign trade.

Foreign equity participation of up to 100% through the automatic route is allowed in the construction and maintenance of roads, highways, vehicular bridges, toll roads, vehicular tunnels, ports and harbours.

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Shardul Thacker is a partner at Mulla & Mulla & Craigie Blunt & Caroe.

Mulla & Mulla & Craigie Blunt & Caroe

Mulla House

51, M.G. Road

Fort, Mumbai 400 001

India

Tel: +91 22 2204 4960 / 2262 3191

Fax: +91 22 2204 0246 / 6634 5497

Email: info@mullaandmulla.com

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