DP World Indian Subcontinent has become the first container port operator in India to handle a total of 50 million TEU across its terminals in 2017
DP World Indian Subcontinent has become the first container port operator in India to handle a total of 50 million TEU across its terminals in 2017.
DP World has invested in the development of five international gateway ports in India since it commenced terminal operations in the country in 1999, starting with its Nhava Sheva International Container Terminal (NSICT). Nowadays the company handles 30 per cent of India's container trade.
The company said it achieved last year's record-breaking throughput by handling 30,000 containerships that ply international trade routes.
'As the first private container terminal operator, DP World was a pioneer in transforming India's maritime and logistics sector by introducing global standards of operations for efficiency and cost effectiveness,' the company said in a press release, reported Mumbai's Indian Transport & Logistics World.
Last year, DP World unveiled its plan to seek opportunities in the country worth US$1 billion over the next few years. The investments could cover port, inland container depot, special economic zones (SEZ), free trade and warehousing zones (FTWZ), inland waterway transport and expansion of existing intermodal rail services for rolling stock.
The company said it is committed to supporting the government's landmark projects like Sagarmala and Bharatmala and lowering the costs of logistics.
Said DP World's Indian chief operations officer Rizwan Soomar: 'Today, we have successfully introduced a series of new services and technological innovations that have strengthened supply chains benefiting Indian industries.'
