Hyderabad, Aug. 19 -- Hyderabad-based logistics firm Jassper Shipping on Wednesday, August 19, announced plans to invest USD 50 million over the next three years to expand its project logistics, breakbulk, bulk cargo and industrial supply chain operations, betting on India's growing infrastructure and industrial build-out.

The growth capital, to be infused by the company in phases, will go towards expanding project logistics infrastructure, strengthening bulk and breakbulk cargo handling, building technology-led logistics planning capabilities and scaling operations across key industrial and port-led corridors, the company said in a statement.

The first tranche of USD 10 million will be deployed to expand the company's B2B project logis...