ICRA says FY22 port cargo volumes to remain robust, exceed pre-Covid level

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With April-August cargo volumes having almost reached pre-COVID levels despite the second wave, Icra Ratings expects overall volumes at Indian ports to continue witnessing improvement through the current fiscal and even surpass FY2020 (pre-Covid) volumes. During April-August period all segments except fertilisers have witnessed healthy year-on-year growth. The overall cargo volumes are largely stable in …

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