DP World has announced a reiteration of its pledge to enable India’s growth and economic development through its operations in the country where it supports over 32% of India’s container trade.
DP World is a market leader in Indian container terminal operations and has the largest portfolio of ports along the Indian coastline.
The network includes terminals in Gujarat (Mundra), Maharashtra (Nhava Sheva), Kerala (Cochin), Tamil Nadu (Chennai) And Andhra Pradesh (Visakhapatnam).
Building on the historic ties and strong friendly relations between the UAE and India, DP World has established a strong market position in India, shaping the future of the maritime terminals industry and investing over US$2 billion.
Sultan Ahmed Bin Sulayem, DP World Chairman welcomed the Indian Prime Minister's visit to the UAE, saying: “The visit of Prime Minister Narendra Modi confirms the strong ties between both our countries. India is the UAE's second-largest trading partner and the UAE is India's third largest trading partner with trade between the two reaching $60 billion last year.
“We have played a key role in serving India’s growing trade for more than a decade and helped redefine the container terminal business by introducing new technology, world class infrastructure and international operating practices. DP World was the first private ports partner in India in 1997 with the Nhava Sheva container terminal at Jawaharlal Nehru Port in Mumbai.
“This partnership was further cemented in 2012 when the Jawaharlal Nehru Port Trust awarded DP World a concession to build another terminal at the port.”
The 330 metre terminal project adds 800,000 TEU to capacity in the region and is able to accommodate some of the largest vessels calling at Jawaharlal Nehru Port.
Fact File: DP World operates five container terminals in India with a total capacity of 4.8 million TEU and quay length of 3,167 metres, a container rail service across the country and container freight stations.