JM Baxi bids for ports
PORTS & SHIPPING

JM Baxi bids for ports

In the next five years, JM Baxi Ports & Logistics (JMBPLL), an integrated maritime logistics services provider, plans to bid for several upcoming port and related projects worth 70 bn, including r...

In the next five years, JM Baxi Ports & Logistics (JMBPLL), an integrated maritime logistics services provider, plans to bid for several upcoming port and related projects worth 70 bn, including rail linkages, warehouses, highways, and cold chain facilities. During the next five years, JMBPLL plans to bid an additional 15-20 bn in largely brownfield projects in the port-linked land infrastructure sector. The company is planning a Rs.25 bn IPO, in which private equity firm Bain Capital will leave partially. During the pandemic, Bain Capital spent Rs.15 bn in the company. Contact: JM Baxi Ports & Logistics Website: www.jmbaxi.com

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