India secures $5bn DP World investment
- New investment adds to the $3bn DP World invested over the past 30 years
- Shipbuilding and repair push at Kochi shipyard
- Port development in Kochi and Deendayal with focus on sustainability
Investment will support Modi’s push to boost India’s shipbuilding and maritime sectors
DP World today committed $5bn in investments into India’s infrastructure to boost its supply chain networks and shipping sector.
DP World aims to enhance India’s “competitiveness in global trade,” with these investments, the port operator said in a statement.
The funding will focus on green coastal shipping, shiprepair, skill development and advanced freight mobility.
Various Memoranda of Understanding were signed between DP World and key Indian maritime players.
DP World subsidiary Drydocks World and Cochin Shipyard signed two of the five MOUs.
The first was an agreement of heads of terms to expand and operate the international shiprepair facility in Kochi.
The second MOU was a tripartite agreement between the two companies and the Centre of Excellence in Maritime and Shipbuilding.
Cochin Port Authority and DP World will also collaborate to enhance Kerala’s maritime infrastructure by upgrading DP World’s International Container Transshipment Terminal at Kochi.
DP World signed an MOU with Deendayal Port Authority and Nevomo to design and install a 750 metre magrail booster pilot track at the port of Deendayal. This will allow automated, low-emission port operations.
Sagarmala Finance and DP World subsidiary Unifeeder signed an MOU to advance green coastal and shortsea shipping across India.
“This new investment combined with the strategic partnerships, reaffirm our commitment to advancing India’s maritime and logistics industry, and cementing the nation’s position in global trade,” DP World group chairman and chief executive Sultan Ahmed bin Sulayem said.
The collaborations with Cochin Shipyard were made to support India’s Maritime Amrit Kaal Vision 2047, India’s road map for transforming its maritime sector.
Speaking at the Maritime Leaders Conclave during India Maritime Week 2025 on Wednesday, prime minister Narendra Modi highlighted the growth of India’s maritime sector and the importance of the blue economy in the years ahead.
DP World operates five container terminals in India, handling a total of 6m teu per annum. It also has three free trade warehousing zones, 5m sq ft of warehousing space and five container freight stations.
