APL bemoans lack of infrastructure and port development in India
A lack of world-class infrastructure and high port and inland costs continue to limit India's economic progress, a senior executive of ocean carrier APL told a high-level shipping industry gathering the Southern Asia Ports, Logistics and Shipping conference in Mumbai this week.
APL President for South Asia Kenneth Glenn said that as global sourcing and manufacturing continues to shift to Asian locations, foreign investors will choose to invest near ports with world-class efficiency in port infrastructure.