J M Baxi Ports and Logistics Limited acquires 26 per cent stake in Visakha Container Terminal Private Limited from DP World

JM Baxi Ports and Logistics Limited has acquired the residual 26 per cent stake in Visakha Container Terminal Private Limited from DP World. The ac­quisition gives JM Baxi complete control over this large hub terminal on the east coast, cementing its strong position as the dominant provider of integrated logistics and port services on the east coast of India. With the extensive terminal and rail network on the east coast, it is now positioned to give shipping lines and large importers and exporters a one-stop solution for their door-to-door shipping needs.

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