Transport Update

Revival in cargo volumes unlikely: ICRA

April 2014
Pressure from ´laggards´ such as iron ore and container segments are expected to continue to hurt the port sector in the near-term, as a revival in cargo volumes is unlikely, according to a report by ICRA, which also gave a weak outlook of the sector.The dip in volumes was the result of the continued stalemate in domestic mining activities.

Contact: ICRA.

Tel: 033-2287 6617.