Shifts in global supply chains and sourcing to benefit India: APM Terminals CEO Keith Svendsen

In an interview to ET, he said inventories had begun to normalise with the easing of the pandemic and restocking should begin by the end of the year. On India plans, he said APM Terminals, part of Maersk Group, plans to invest about ₹3,500 crore in its Pipavav port, but a large part of the proposed capex is subject to extension of the port lease.