The government will soon convert Jawaharlal Nehru Port Trust (JNPT) into a public sector undertaking, the Financial Express India reported.
The move is part of a plan to corporatise all major ports of the country with an intention to give them more autonomy in decision making.
"Corporatisation of major ports will start with JNPT. Others will follow. The process is on and the decision is expected soon," shipping secretary K Mohandas said. |