DP World launches 75,000 sq.ft. Cochin Economic Zone
Located within the premise of Vallarpadam terminal, it is the third DP World economic zone in India
DP World, a leading global provider of smart end-to-end supply chain solutions, commenced operations of its Cochin Economic Zone.
Located within the premise of Vallarpadam terminal, it is Kerala’s first free trade warehousing zone (FTWZ) and the third DP World economic zone in India, says an official release.
"DP World Cochin Economic Zone significantly enhances Cochin port's capabilities as it is the first transshipment terminal in India, a preferred gateway to the south. This 75,000 sq.ft. state-of-the-art facility seamlessly integrates with DP World's strategic multimodal logistics network, facilitating efficient connections across India and global markets. In the heart of Cochin's bustling port activity, DP World Economic Zone marks a significant leap in its commitment to pioneering trade solutions. With 67 value-added services seamlessly integrated, businesses gain unparalleled advantages for their supply chain operations."
Ranjit Ray, Senior Vice President, Economic Zones Middle East, North Africa and Subcontinent, DP World says: “We are happy to unveil the DP World Cochin Economic Zone, an innovative model located within the port premises, setting a new benchmark among economic zones in India. Our aim in establishing economic zones is to enhance global trade opportunities by streamlining supply chains, resulting in cost savings and seamless connectivity. Our integrated solution in Cochin provides value-added services, linking ports to the wider supply chain through multimodal connectivity. At DP World, our dedicated team works tirelessly to create bespoke warehousing and logistics facilities, committed to delivering value and an enhanced experience. This facility will not only support EXIM-oriented businesses but also open doors for global companies to enter the Indian market.”
DP World Cochin Economic Zone enjoys connectivity via three national highways: NH 66 to Mumbai, NH 544 to Salem and Coimbatore and NH 85 to Rameswaram via Madurai, the release added. "Additionally, it offers convenient rail access within the port premises with Ernakulam Junction (South) and Ernakulam Town (North) railway stations just 5-7 kilometres away. With Cochin airport located approximately 35 kilometres from the facility, businesses operating within the economic zone benefit from enhanced accessibility and connectivity."
In addition to Cochin, DP World has established two more economic zones in India - the Nhava Sheva Business Park (NSBP) in Mumbai and the Integrated Chennai Business Park (ICBP) in Chennai, offering one million and 600,000 square feet, respectively, the release added.
