DP World mulls acquisitions in bulk & liquid businesses

The company has earmarked $1 bn towards investment in India, employed in growing logistics sector

DP World, a pioneer in private container terminal in India, is evaluating acquisition opportunities in the bulk and liquid businesses, and is expected to make an announcement by December.

“Our teams are currently working towards a plan and we will look at all opportunities that are available,” Anil Singh, senior vice-president and managing director, Indian subcontinent, told Business Standard. 

The company has earmarked $1 billion towards investment in India, which will be employed in the growing logistics sector along with extended core businesses such as bulk and liquid. 

DP World handled close to 30 per cent of India’s container trade