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DP World plays important role in enhancing India trade connectivity
Gulf Today
|April 20, 2025
DP World has played a pivotal role in enhancing maritime infrastructure and logistics capabilities in India, establishing itself as one of the leading international port operators in the country.
Today, DP World controls nearly 26% of the market share in India's container port cargo sector, underscoring its long-standing commitment to boosting trade flows and supporting economic development.
The company's journey in India began in 1997, when it became the first private port partner in the country by opening the container terminal at Nhava Sheva, located within Jawaharlal Nehru Port in Mumbai. This strategic investment helped alleviate supply chain bottlenecks and improve export efficiency in one of India's busiest trade corridors.
In 2005, as part of its network expansion plan, DP World signed an agreement with the Cochin Port Authority in the southern state of Kerala to develop the DP World Cochin terminal at Vallarpadam.
The project, valued at approximately $243 million, became India's most preferred gateway port forthe South Indian market. The facility significantly enhanced the shipping capacity in southern India and strengthened the country's maritime connectivity to the Middle East, Far East, Southeast Asia, and Africa.
In 2013, DP World further boosted its operations in Mumbai by signing a concession agreement with the Jawaharlal Nehru Port Authority to expand the terminal and operate a new 330-meter berth.
The project added annual handling capacity of 800,000 TEUS (twenty-foot equivalent units) at an investment of $200 million, and the terminal officially opened in 2015.
Bu hikaye Gulf Today dergisinin April 20, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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