NIIF invests $300 million in DP World
PORTS & SHIPPING

NIIF invests $300 million in DP World

The National Investment and Infrastructure Fund (NIIF), an organisation supported by the Indian government, announced that it has invested USD 300 million, or Rs 2,250 crore, for a 22.5% interest in Hindustan Ports, a local division of DP World in the UAE.

This is NIIF's single-largest investment, bringing the company's total investment in DP World's India operations to $500 million.

Hindustan Ports has a market share of more than 20% and manages more than 5 million TEUs, or standard 20-foot container units, at its five container ports.

There are two terminals run by it in Mumbai, as well as ones in Mundra, Chennai, and Cochin.

HIPL has made significant investments to build a market-leading integrated logistics platform, in rail logistics, multi-modal logistics parks, container freight terminals, economic zones, cold chain infrastructure, and contract logistics.

The National Investment and Infrastructure Fund (NIIF), an organisation supported by the Indian government, announced that it has invested USD 300 million, or Rs 2,250 crore, for a 22.5% interest in Hindustan Ports, a local division of DP World in the UAE.This is NIIF's single-largest investment, bringing the company's total investment in DP World's India operations to $500 million.Hindustan Ports has a market share of more than 20% and manages more than 5 million TEUs, or standard 20-foot container units, at its five container ports.There are two terminals run by it in Mumbai, as well as ones in Mundra, Chennai, and Cochin.HIPL has made significant investments to build a market-leading integrated logistics platform, in rail logistics, multi-modal logistics parks, container freight terminals, economic zones, cold chain infrastructure, and contract logistics.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?