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For FY22, Ind-Ra expects almost the entire value chain to recover above the pre-COVID-19 levels, except standalone freight operators, who will continue to struggle amid low volumes and high debt.

Volumes of Inland logistics to be down by 40-60% in Q1 FY2021: Ind-Ra

23 April 2020 12:20 PM GMT

April 23, 2020: India Ratings and Research (Ind-Ra), in its latest update on inland logistics players, believes that the volumes to be down by 10%-15%...

In 2018, during a visit to India to open PSA%u2019s biggest terminal in the country at JNPT, Tan Chong Meng, Group CEO, PSA International, has mentioned that the operator was scouting India%u2019s vast cargo hinterland for potential acquisitions.

PSA acquires 50% stake in Indian logistics hub from CMA CGM

3 Dec 2019 12:03 PM GMT

December 03, 2019: PSA India Intermodal Pte Ltd, a unit of Singapore-based port operator PSA International Pte Ltd, has acquired a 50 percent stake...