Andhra Pradesh Maritime Board and APM Terminals Sign ₹9,000 Crore Pact to Transform State’s Port Infrastructure
In a landmark move to position Andhra Pradesh as the “Eastern Gateway” of India’s maritime trade, the Andhra Pradesh Maritime Board (APMB) has signed a ₹9,000 crore Memorandum of Understanding (MoU) with APM Terminals, a subsidiary of global shipping giant A.P. Moller-Maersk. The agreement, signed in the presence of Chief Minister N. Chandrababu Naidu, marks…