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flag JSW Infrastructure gains 51% control of a new Omani port to boost India’s steel and cement exports.

flag JSW Infrastructure, India’s second-largest private port operator, has secured a 51% stake in a new Omani port project through a $419 million deal, partnering with Oman’s Minerals Development Oman. flag The greenfield port in Dhofar Governorate, with a 27 million tonne annual capacity, will support exports of limestone, gypsum, and dolomite—key materials for India’s steel and cement sectors. flag Construction begins immediately, with commercial operations expected by early 2029. flag The project, part of Oman’s Vision 2040 economic diversification strategy, aims to boost regional trade, improve supply chains, and attract foreign investment. flag JSW plans to expand its cargo capacity to 400 million tonnes annually by 2030.

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