CNBC-TV18’s Yash Jain caught up with Rajiv Agarwal, MD & CEO of Essar Ports and asked him what the expansion of the Vizag and Salaya terminals means and what is the kind of boost it would provide to their revenue going forward.
We have seen robust growth this year. We will be growing by about 35 percent in terms of quantity handled and also revenue. So from about 30 million, we will be about 40 million tonne of cargo, he said.
We are looking at expanding in all our existing locations and also maybe look at one-two projects other than that on a Greenfield basis, he added.
Source: CNBC TV-18