New research by Oxford Economics highlights US$128.9 million (c. £95.7m) GDP contribution in 2024 and projects $6.4 billion (c. £4.75bn) in additional exports by 2035.
Reportedly, the independent research highlights the role of the Mundra International Container Terminal (MICT) in facilitating trade opportunities.
Commissioned in 2003 as India’s first greenfield container terminal within a non-major port, MICT has handled more than 19 million containers to date, including 1.4 million TEU in 2024.
Additionally, MICT connects India to 73 global ports and handles ultra-large container vessels of up to 19,200 TEU, supported by multimodal rail connectivity across Gujarat, Rajasthan, Haryana, Punjab and Delhi.
Operated by DP World, the Oxford Economics report concludes that MICT’s enables trade, generating employment, supporting exports and invests in local communities.
DP World Subcontinent (India) county manager, Hemant Kumar Ruia, said, “When infrastructure is built for scale, efficiency and connectivity, it becomes a powerful driver of both economic growth and social progress.
“At DP World Mundra, we are enabling faster, more reliable trade while creating better jobs, building skills and expanding opportunities for businesses and communities.”
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