ABG Heavy Industries in alliance with Kolkata Port Trust

Kolkata: Mumbai based ABG Heavy Industries Ltd is focusing on its logistics business with the growth of container traffic in the country. ABG is developing port services and container freight stations (CFS) near Kolkata, New Mangalore, Paradeep and Goa ports. The company has lined up phasewise investments of Rs 300 crore towards building up infrastructure for handling container traffic. The company will spend another Rs 200 crore to enhance its crane chartering facilities. ABG has so far infused Rs 200 crore towards expanding its logistic infrastructure and Rs 300 crore for crane hiring services.