DP World Mundra to Generate USD 9.2 Billion Impact on India's GDP by 2035

A new study by Oxford Economics highlights that the Mundra International Container Terminal (MICT), part of DP World, will generate a USD 9.2 billion impact on India's GDP, with a USD 128.9 million contribution to GDP in 2024 and projected USD 6.4 billion in additional exports by 2035.

Inaugurated in 2003 as India's first newly built container terminal at a non-major port, MICT has become a fundamental gateway for container trade. The terminal has handled over 19 million containers to date, including 1.4 million TEUs in 2024, serving important industrial and consumer centers in the west and north of the country.

Currently, MICT connects India with 73 international ports and handles ultra-large container vessels of up to 19,200 TEUs, thanks to multimodal rail connectivity covering Gujarat, Rajasthan, Haryana, Punjab, and Delhi.

Hemant Kumar Ruia, Country Head of DP World Subcontinent (India), stated that "when infrastructure is built with scalability, efficiency, and connectivity in mind, it becomes a powerful engine for both economic growth and social progress. At DP World Mundra, we are driving faster and more reliable trade, while creating better jobs, developing skills, and expanding opportunities for businesses and communities."

The Oxford Economics report concludes that MICT's impact extends far beyond port operations. By facilitating trade, generating employment, supporting exports, and investing in communities, DP World Mundra plays a fundamental role in shaping sustainable economic growth and opportunities in Gujarat and across India.