Sultan Ahmed bin Sulayem, Chairman of global logistics powerhouse DP World, unveiled ambitious investment plans during the Vibrant Gujarat Global Summit, affirming the company’s commitment to bolstering India’s logistics sector. The Chairman announced the forthcoming construction of a cutting-edge container terminal in Gujarat, signifying DP World’s dedication to expanding its footprint in the region.
In his address at the summit, bin Sulayem emphasized DP World’s ongoing commitment to partnering with India’s logistics industry. He highlighted the firm’s pivotal role in supporting the manufacturing sector in Gujarat and across India, aiming to enhance the global competitiveness and accessibility of Indian goods on the international stage.
DP World embarked on its journey in Gujarat back in 2003 with the inauguration of the Mundra International Container Terminal, marking the onset of the company’s strategic investments in the state. Bin Sulayem disclosed, “We have invested approximately USD 2.5 billion in Gujarat and other states across India.” These investments spanned diverse initiatives, including the development of multimodal logistics ecosystems, container freight stations, inland terminals, contract logistics, cold chain infrastructure, and acute first cargo services, among others.
In a major announcement, the Chairman revealed DP World’s forward-looking plan to bolster its investment by an additional USD 3 billion in the coming years. As part of this expansion, the company is slated to fortify the Gujarat economy by constructing a state-of-the-art container terminal at Kandla, designed with a robust capacity of 2 million containers.
Looking ahead, bin Sulayem expressed optimism about fostering deeper trade relations, employment opportunities, and cultural collaborations between India and the UAE. Emphasizing DP World’s commitment to supporting manufacturing industries in Gujarat and across India, he reiterated the company’s determination to enhance the global competitiveness and accessibility of Indian products.
DP World’s unveiling of these expansive investment plans reflects a strategic vision aimed at fortifying Gujarat’s logistical infrastructure and bolstering India’s presence in the global trade landscape.
