JM Baxi Ports and Logistics set to win auction at JN Port

12 Oct 2022 CW Team

JM Baxi Ports and Logistics, a subsidiary of Mumbai-based JM Baxi Group, is expected to win the public-private-partnership (PPP) contract to operate the shallow water and coastal ports of the state-owned Jawaharlal Nehru Port Authority (JNPA).

When the pricing bids were launched on Friday, JM Baxi Ports and Logistics put the highest bid of Rs 84.4 per tonne of cargo handled at the berths, according to numerous sources, including an official at Jawaharlal Nehru Port Authority.

Port tenders at major ports (controlled by the Centre) are decided on the basis of royalty per tonne: the entity prepared to split the highest royalty per tonne of cargo handled at the berth with the port authority wins the 30-year contract.

The royalties payable will rise in lockstep with the wholesale pricing index (WPI), a cost metric. Under the new Major Port Authorities Act and the model concession agreement, the terminal operator will be able to determine market rates (MCA).

J M Baxi Ports and Logistics has won its second contract at Jawaharlal Nehru Port in recent months, and its third overall across major ports.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..