Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum recently inaugurated DP World’s Nhava Sheva Business Park (NSBP), a Free Trade Warehousing Zone (FTWZ) near Mumbai. The facility spans one million square feet, with another million under development, and offers temperature-controlled and specialized storage solutions catering to diverse industries. As part of DP World’s network of 12 global FTWZs, NSBP is designed to strengthen India-UAE trade by lowering costs, improving operational efficiency, and enhancing supply chains.

During the visit, DP World also announced the start of construction for Bharat Mart in Dubai’s Jebel Ali Free Zone. Scheduled to open by the end of 2026, the 2.7 million square foot facility will include 1,500 showrooms, state-of-the-art warehousing, office spaces, and dedicated zones for women-led Indian businesses. Bharat Mart aims to serve as a global trading hub for Indian MSMEs, leveraging Jebel Ali’s multimodal logistics network.

India’s Union Minister Piyush Goyal welcomed the initiative, highlighting its alignment with the India-UAE Comprehensive Economic Partnership Agreement. DP World also signed an MoU with RITES to collaborate on infrastructure projects including ports, logistics parks, and rail connectivity.