Indian Port sector to witness 5-8 pc cargo volume contraction due to COVID-19 in FY21: Report

The Indian port sector has been adversely impacted due to the COVID-19 pandemic and the subsequent lockdown, and it is likely to witness 5-8 per cent contraction in cargo volumes, rating agency ICRA said. Although the sector has been classified under essential services and has remained operational during the lockdown, the pandemic”s adverse impact on …

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