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DP World has a 28 percent market share in the Indian ports sector

by Admin

The company’s executive vice president, Mohammed Al Muallem, said DP World holds a large market share in India’s ports sector. Its logistics assets cover major shipping centers including the National Capital Region and Ahmedabad and Mumbai. In Chennai and Hyderabad, DP World is the only operator with a presence in three major Indian ports. It has a 28 percent market share of import and export containers, he noted, noting that the company can provide customized modular and standard logistics solutions.

DP World has a 28 percent market share in the Indian ports sectorAs part of an Emirati delegation to India to establish sustainable mechanisms to capitalize on the Comprehensive Economic Partnership Agreement (CEPA) between the two countries, Al Muallem noted that DP World has invested nearly $500 million in a joint venture with the National Investment and Infrastructure Fund in India (NIIF).

He added that the company continues to evaluate new market opportunities in the country’s ports sector, including ongoing concession opportunities at Tuticorin and Nhava Sheva. In 2021, Dubai and India traded more than 12.1 million tonnes across all modes of transport, of which 8.6 million tonnes were imports, 2.9 million tonnes were exports, and more than 607,000 tonnes were re-exports.

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