DP World, a port operator based in the UAE, plans to expand its operations in India in order to address trade bottlenecks.
The company's CEO, Sultan Ahmed Bin Sulayem, emphasized the importance of improving logistics capabilities and establishing more industrial parks to facilitate faster delivery of goods, especially in light of congestion and disruptions in the global supply chain.
DP World has already invested in rail connections in India and aims to enhance its existing port operations as part of a broader strategy to mitigate risks associated with cargo transport in critical regions like the Red Sea and Suez Canal. This expansion is also intended to navigate the ongoing effects of the pandemic and potential tariff impacts.