DP World to restructure Indian investment
DP World is to restructure the way it makes investment in its Indian container terminals.
Previously, all investment in the three terminals it inherited from P&O Ports was routed via Mauritius, however this means of doing business has recently been criticised, prompting a proposed restructuring.
One possibility is that a wholly Indian holding company will be established into which all its assets will be put.
Hindustan Ports, the special purpose vehicle set up to handle investment at its new JNPT facility, may well be the starting point for this.
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