Overview
- DP World announced the commitment at India Maritime Week 2025 in Mumbai, adding to about $3 billion it has invested in India over three decades.
- Five MoUs were formalised in the presence of Ports Minister Sarbananda Sonowal to advance coastal services, ship repair, skills, port handling and new transport tech.
- Unifeeder and Sagarmala Finance will develop green coastal and short-sea shipping, aiming to scale commercially viable low‑emission services.
- Cochin Shipyard and Drydocks World will expand and operate the International Ship Repair Facility in Kochi, with a separate tripartite pact to boost shipbuilding and repair skills.
- Cochin Port Authority and DP World will upgrade handling at Kochi’s ICTT, while Deendayal Port, DP World and Nevomo will design a 750‑metre MagRail Booster pilot to test automated, low‑emission port transport.