DP World aims to invest over $1 billion in India

MUMBAI: DP World said on Friday that it aims to invest over $1 billion in India in the next few years.

The company, one of the world’s biggest port operators, is seeking to invest in expansion of brownfield terminals, new terminals, inland container depots and expansion of existing inter-modal rail services for rolling stock, Sultan Ahmed Bin Sulayem, group chairman and CEO said.

DP World runs India’s biggest container port at the Jawaharlal Nehru Port. It’s building a new 330 meter terminal at the port. It also has a presence in ports at Mundra, Gujarat, Kochi, Chennai and Vizag.