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DP World's $1b investment in India to challenge Colombo
  Date:05/17/10  |  From:cargonewsasia  |  Click:

DP World said as much as US$1 billion may be invested in the first Indian port able to handle the largest container ships as the company tries to challenge Colombo s grip on India??s maritime trade with Europe and China, Euclid Infotech reported.

What we are trying to do is compete in the regional and international market, Anil Singh, the company's Indian head, said. It will change the logistic pattern of the country.

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