NEW DELHI: Shipping Company AP Moller-Maersk is keen on taking Indian ports on lease, but is waiting for a clear picture from the government of India. In an interview, Julian Michael Bevis, senior director, group relations, South Asia, Maersk Line India Pvt. Ltd, said he is very positive about the shipping and port sector, especially with the present government. Policies like Sagarmala will create a lot of opportunities, Bevis said. Edited excerpts:
Certainly it is the right time, as evident from the fact that the economy is growing at 7.5% and this size is enormous. It is supported by statements from the government that makes India an extremely interesting place. But it is not that it is without any challenges. The minister has been very explicit about it and he is being honest, which is extremely positive. There are connectivity and access issues along with legislative issues. So, one has to tread with some care. But in all of that, I think we will find some opportunities with the right commercial and regulatory circumstances and that will be the projects we will be very interested in.
