Maersk, which has already invested about $800 million in India, is looking at expanding its footprint by tapping into “a number of opportunities” available in the country. The Maersk Group, with a significant presence in India, operates in 130 countries with five core businesses, also said that for the ‘Make in India’ programme to succeed, the country needs “energetic set of policy mechanism” for the sector.
“We are very keen to invest and to grow. We invested $1 billion in acquiring group of 11 ports based out in Spain…that is illustrative of our appetite for growth… We have just announced a $800 million investment in Tangier… We are very keen to do something like this over here,” Julian Michael Bevis, Senior Director, Group Relations, South Asia, AP Moller Maersk told PTI in an interview.
Bevis said India, especially with its recent focus on infrastructure is a strategic market for the group and it is scouting for “strategic opportunities” at the right time with a market driven tariff regime.
He said it was for the first time that the government was so keen to address the problems of the private players, investors and others and announcements made by Prime Minister Narendra Modi as well as Shipping Minister Nitin Gadkari at the recent maiden Maritime India Summit further strengthened the group’s intent to augment its base in India.
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