In a notable strategic move, Dutch dredging major Royal Boskalis BV has acquired a minority stake in the upcoming multipurpose port at Bhavnagar, Gujarat, becoming one of the three promoters in the project. This marks a rare instance of a global dredging contractor taking equity in an Indian port operating company. The port is being developed by London-based Foresight Group, led by Founder and Executive Chairman Ravi Mehrotra, through a special …
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