DP World unveils Chennai's free trade zone

09 May 2024 CW Team

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.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..