H.H. Sheikh Hamdan unveils DP World's Free Trade Warehousing Zone

@DXBMediaOffice/ X

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, has inaugurated DP World's state-of-the-art Free Trade Warehousing Zone (FTWZ) in Mumbai.

The inauguration of the Nhava Sheva Business Park (NSBP), which took place during Sheikh Hamdan’s official visit to India, marks a major milestone in strengthening the deep-rooted economic and cultural ties between India and the UAE.

His Highness toured the facility accompanied by Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World. He was briefed about the various operations, value added services, and customised services deployed to enhance the efficiency of the FTWZ.

"The establishment of world-class logistics infrastructure, such as the Nhava Sheva Business Park, not only strengthens the trade connectivity between our nations but also reinforces our shared vision for growth, innovation, and sustainability," said Sheikh Hamdan.

DP World has developed three world-leading Free Trade Warehousing Zones in India with an investment of over $200 million (AED 735 million).

Strategically located close to India’s coasts, they offer advanced infrastructure, flexible warehousing, ease of regulations, and seamless value-added services, making operations simpler.

The Nhava Sheva Business Park near Mumbai offers 1 million sq. ft. of warehousing space, with another one million in the planning stage.

It features specialised and temperature-controlled spaces, catering to diverse industry needs. As part of DP World’s global network of 12 FTWZs, including the Integrated Chennai Business Park in Tamil Nadu and the Cochin Economic Zone in Kochi, the Nhava Sheva Business Park enhances India-UAE trade by reducing costs, improving efficiency, and boosting supply chain competitiveness.

These three Indian FTWZs are well integrated with DP World’s Jebel Ali Free Zone (JAFZA) facilitating seamless cargo movement and strengthening global trade connectivity for India and the UAE.

During the facility’s inauguration, 35 women recruited from local communities worked the shift—reflecting DP World’s efforts to generate employment in the regions where it operates.

This initiative aligns with the company’s broader Diversity, Equity, and Inclusion (DEI) objectives in India, aimed at increasing female representation and fostering a more inclusive work environment within the logistics sector.

Awarded Platinum certification by the Indian Green Building Council (IGBC) for green design, Nhava Sheva Business Park promotes environmental stewardship and economic growth while supporting global business.

Its strategic location near a major Indian port, the Jawaharlal Nehru Port Authority, the Navi Mumbai Airport, and national highways enhances India’s trade connectivity through efficient multimodal cargo movement.

 

More from Business News

  • Dubai’s Saddle Café opens outlet in Courchevel, French Alps

    Dubai-born specialty coffee brand Saddle Café has opened its first-ever outlet in Courchevel, marking a significant milestone in its international expansion and introducing an Emirati-founded café concept to one of Europe’s most exclusive winter destinations.

  • UAE leads high-level delegation to Egypt for CEPA negotiations

    Dr. Thani bin Ahmed Al Zeyoudi, UAE's Minister of Foreign Trade, has led a high-level government delegation to Egypt as negotiations continue to secure a Comprehensive Economic Partnership Agreement (CEPA) between the two nations.

  • Sharjah Ruler approves 2026 general budget of AED 44.5 billion

    His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has approved the emirate’s general budget for 2026, with total spending set at around AED 44.5 billion.

  • Andre Agassi to headline 11th Dubai International Project Management Forum

    Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence and Chairman of the Executive Council of Dubai, the 11th edition of the Dubai International Project Management Forum (DIPMF) will bring together an elite line-up of local and international speakers, including ministers, heads of authorities and institutions, and senior executives from leading global companies.

On Virgin Radio today

Trending on Virgin Radio