DP World to invest over Rs 600 cr in Free Trade Zones in India
DP World, a Dubai-based logistics company, plans to invest over Rs 600 crore to expand its free trade zones (FTZ) in India. The company is looking to collaborate with major electronics and tech companies to export and import from its facilities as these companies seek to enhance their manufacturing presence in India. DP World already operates free trade zones in Chennai and Mumbai, and plans to invest in three new zones in Mumbai, Chennai, and Kochi. The FTZs offer a global trading platform that handles imports, exports, and re-exports.
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