DP World unveils Chennai's free trade zone
PORTS & SHIPPING

DP World unveils Chennai's free trade zone

Dubai?s DP World, a global provider of supply chain solutions, announced that operations had been launched at Integrated Chennai Business Park, the company?s free trade warehouse zone (FTWZ) at Manali, approximately 30 km north of Chennai.

Ranjit Ray, Vice President  Economic Zones, Middle East, North Africa, and Subcontinent, mentioned that the Chennai facility marked the company?s second FTWZ in India, following the one in Mumbai, which had been operational for 18 months. He informed the media present at the Manali facility that the third FTWZ, situated within the Kochi Port container terminal and operated by DP World, would soon be operational.

Ray noted that prior to the onset of the Covid pandemic, the company had announced an investment of about Rs 17 billion for the construction of three FTWZs in India in phases. He stated that approximately 45 per cent of the capital expenditure had been utilized. Upon full completion in 3-4 years, the facilities would offer approximately 4 million sq ft of warehouse space.

The Chennai unit, spanning 125 acres with 2 million sq ft of warehouse space, was cited as the largest among the three. In comparison, the Mumbai unit covered 85 acres (also 2 million sq ft), while the Kochi unit occupied 10 acres (0.2 million sq ft), according to Ray.

He highlighted the strategic location of the Chennai facility within a 40-km radius of major ports including Kattupalli (~15 km), Ennore (~11 km), and Chennai (~27 km). Ray projected that the current occupancy, standing at around 10 per cent, would rise to approximately 70 per cent by the end of the fiscal year. He praised Tamil Nadu as one of the prime states for housing FTWZs.

Regarding services, Ray mentioned that the facility offered value-added services such as packing and labelling.

He also detailed the capacity of the four warehouses at the Chennai facility, collectively accommodating 17,000 pallet positions to handle specialised and irregularly shaped cargo. Ray emphasised that the warehouses were equipped with temperature control systems, maintaining cargo storage at 2 degrees Celsius.

Dubai?s DP World, a global provider of supply chain solutions, announced that operations had been launched at Integrated Chennai Business Park, the company?s free trade warehouse zone (FTWZ) at Manali, approximately 30 km north of Chennai. Ranjit Ray, Vice President  Economic Zones, Middle East, North Africa, and Subcontinent, mentioned that the Chennai facility marked the company?s second FTWZ in India, following the one in Mumbai, which had been operational for 18 months. He informed the media present at the Manali facility that the third FTWZ, situated within the Kochi Port container terminal and operated by DP World, would soon be operational. Ray noted that prior to the onset of the Covid pandemic, the company had announced an investment of about Rs 17 billion for the construction of three FTWZs in India in phases. He stated that approximately 45 per cent of the capital expenditure had been utilized. Upon full completion in 3-4 years, the facilities would offer approximately 4 million sq ft of warehouse space. The Chennai unit, spanning 125 acres with 2 million sq ft of warehouse space, was cited as the largest among the three. In comparison, the Mumbai unit covered 85 acres (also 2 million sq ft), while the Kochi unit occupied 10 acres (0.2 million sq ft), according to Ray. He highlighted the strategic location of the Chennai facility within a 40-km radius of major ports including Kattupalli (~15 km), Ennore (~11 km), and Chennai (~27 km). Ray projected that the current occupancy, standing at around 10 per cent, would rise to approximately 70 per cent by the end of the fiscal year. He praised Tamil Nadu as one of the prime states for housing FTWZs. Regarding services, Ray mentioned that the facility offered value-added services such as packing and labelling. He also detailed the capacity of the four warehouses at the Chennai facility, collectively accommodating 17,000 pallet positions to handle specialised and irregularly shaped cargo. Ray emphasised that the warehouses were equipped with temperature control systems, maintaining cargo storage at 2 degrees Celsius.

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Next Story
Technology

ideaForge Q1 FY27 Revenue at Rs 680.6 million; EBITDA Turns Positive

ideaForge Technology Limited reported revenue from operations of Rs 68.6 crore in Q1 FY27, while executing more than 20% of its opening order book for the financial year. The company also reported positive EBITDA during the quarter.ideaForge entered FY27 with an order book of over Rs 300 crore and is targeting delivery of the opening order book by Q3, in line with customer timelines. The company said global supply chain disruptions and component availability continue to pose challenges.During the quarter, ideaForge completed a Rs 500 crore Qualified Institutional Placement (QIP), with particip..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement