The next part of JM Baxi’s growth will come from private freight terminals and ICDs

The JM Baxi Group is focusing on getting its hands on more terminals within major ports. Particularly after the announcement of the Major Ports Authority Act, wherein the role of major ports’ authorities has been rounded of to be a landlord while the terminals will be privatised. There are about 30 projects waiting to be privatised by 2026, as listed in the National Monetisation Pipeline. The JM Baxi Group has always focused on terminals within major ports, and more specifically within brownfield ports. As India’s exim trade grows the company is pegging its growth on building more private freight terminals and ICDs that will be critical for evacuation of cargo.