DP World and the government of Jammu and Kashmir have signed a memorandum of understanding (MoU) to explore opportunities to develop trade infrastructure in the Indian state. The agreement will see discussions on a multi-modal logistics park and hub in Jammu, comprising warehouses and specialised storage solutions that will also encourage intermodal transfer of containers, bulk and break-bulk cargo.
Sultan Ahmed Bin Sulayem, Chairman and CEO, DP World Group, said: “Opening up the Indian hinterland through new infrastructure and facilities is one of the ways through which the Indian economy will continue to grow, and we are delighted to enter into these discussions with representatives of the Jammu and Kashmir government. India has vast economic potential and unlocking it will provide new trade opportunities.”
