Oxford Economics, commissioned by DP World, has quantified the economic contribution of the Mundra International Container Terminal (MICT).
Operational since 2003, it was India’s first greenfield container terminal within a non-major port. The terminal handled 1.4 million TEUs in 2024 and has processed more than 19 million containers to date.
It currently connects India to 73 global ports and accommodates ultra-large container vessels of up to 19,200 TEUs, backed by multimodal rail connectivity across Gujarat, Rajasthan, Haryana, Punjab, and Delhi.
The research quantifies MICT’s contribution across several metrics. In 2024, the terminal added $128.9 million to India’s GDP, $118.8 million of that within Gujarat alone, and supported approximately 1,880 jobs nationwide.
Looking ahead, enhanced shipping connectivity through MICT is forecast to drive an additional $6.4 billion in exports and a $9.2 billion GDP impact by 2035.
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DP World Subcontinent (India) Country Manager, Hemant Kumar Ruia, said: “When infrastructure is built for scale, efficiency and connectivity, it becomes a powerful driver of both economic growth and social progress. At DP World Mundra, we are enabling faster, more reliable trade while creating better jobs, building skills and expanding opportunities for businesses and communities.”
For businesses in Gujarat’s manufacturing and logistics corridor, the terminal’s inland connectivity has had tangible effects.
Mohammad Arif Lakhani, Director at Aten Papers and Foam Limited, stated: “Through Mundra Port, we have been able to source wastepaper from global markets more efficiently, supported by DP World’s reliable rail and inland connectivity in the region. Improved trade infrastructure has helped us grow our recycling-led paper business responsibly, reducing waste, protecting natural resources while creating stable livelihoods in the community.”
For more information:
DP World – https://www.dpworld.com/en
