DP pledge to support India's growth reiterated
Dubai - DP World is a market leader in Indian container terminal operations and has the largest portfolio of ports along the Indian coastline.
DP World on Wednesday reiterated the company's commitment to enabling India's growth and economic development through its operations in the country where it supports over 32 per cent 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 $2 billion.
DP World chairman Sultan Ahmed bin Sulayem welcomed Indian Prime Minister Narendra Modi's visit to the UAE, saying: "The visit... 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. The relationship between us has existed for centuries, and as one of the fastest growing emerging markets in the world we are proud to be part of its development efforts. We remain committed to our operations there which form an important part of our global network."
He added: "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."