DP World ties next $2 billion India investment to demand, capacity constraints
New Delhi, Oct. 19 -- Global ports and logistics operator DP World plans to deploy the remaining $2 billion of its committed $5 billion investment in India based on emerging capacity requirements, prioritizing expansion across ports, rail freight and logistics infrastructure as demand swells amid rapid economic growth, said Hemant Ruia, country manager for the Indian subcontinent.
The Dubai-based company has already invested $3 billion in India, with the balance earmarked for expanding existing operations, including port terminals, inland container depots, warehousing and logistics facilities. Its wider investment roadmap will be guided by cargo growth, capacity utilisation and opportunities to strengthen connectivity across the supply c...
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