Rating agency had earlier said that the entire cargo segment would be in place but the container segment would be severely affected. The entire cargo segment is expected to decline by 5 to 8 percent in the entire business year 2020-21.
The coronavirus epidemic has also had a serious impact on the performance of the country major ports. According to data from the Indian Ports Association there has been a decline of about 25 per cent in the movement of container cargo between April and August.
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