Maersk says will invest $5 billion in India, conditions apply
Mumbai: A.P. Moller-Maersk has offered to invest up to $5 billion in India to expand its local operations, but about $2 billion of this is contingent upon the shipping and logistics major getting an extension of its 30-year concession for the Pipavav port in Gujarat that expires in September 2028. A similarly large chunk of … Read more