Business
October 24, 2023
3 min

Kamarajar Port formalising MoUs valued at ₹1,920 crore - BusinessLine

Kamarajar Port Ltd is set to sign 24 MoUs worth around ₹1,800 crore ($242 million) during the Global Maritime India Summit 2023 in Mumbai. The MoUs will be signed with various partners including Indian Oil Corporation, Ennore Tank Terminal, and Tamil Nadu’s Water Resource Department. The investments aim to enhance trade and commerce in the region and support the vision of Atmanirbhar Bharat Abhiyaan. Other organizations such as Jawaharlal Nehru Port Authority and Indian Maritime University will also sign MoUs with Kamarajar Port Limited.

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Adhikansh Gupta
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Writer and editor who covers the latest trends and innovations in the software-as-a-service (SaaS) industry