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united arab emirates Economy Minister Abdulla bin Touq Al Marri visited Hind Terminals Logistics Park in Palwal, Haryana and reviewed Hind Terminals’ current operations in India.
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He was briefed by the group’s senior management on future expansion plans in the Indian market, a press release said.
Abdulla bin Touq Al Marri traveled to India for the 2023 Partnership Summit organized by the Confederation of Indian Industry (CII).
Also read: Indian women at fulcrum for change, says Smriti Irani at Partnership Summit 2023
Hind Terminals, the Indian subsidiary of UAE-based Sharaf Group, provides end-to-end logistics solutions.
Salah Sharaf Al Hashmi, Deputy Chairman of Sharaf Group, welcomed the UAE Minister of Economy at the logistics park.
The release said the minister toured the facility covering over five million square feet, which is billed as one of the largest logistics parks in India, adding that the Palwal facility has a container yard of 65,000 square meters, a warehouse of 9,000 square meters. , 9,360 square meters of logistics space. In addition to the railway station and 28 car trailers, there is 65,000 square meters of iron storage space and 6,500 square meters of general warehouse space.
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Abdulla bin Touq Al Marri said the UAE’s continued increase in investment in foreign markets has created a multiplier effect by increasing job creation, boosting trade and economic growth, and supporting the UAE’s vision to create a new economy based on openness, diversity and flexibility.
Salah Sharaf said that the Palwal Logistics Park is one of the largest projects in the UAE and it has made a positive contribution to the further development of UAE-India relations under the CEPA signed between the two countries in February 2022.
According to the press release, Hind Terminals Private Limited is a leading player in logistics infrastructure in India with investments in various Indian states including Haryana, Punjab, Gujarat, Maharashtra and Tamil Nadu .
It said Sharaf Group is known for its investments in shipping, logistics, supply and supply services, retail, travel and tourism, financial services, hotels and real estate, education and manufacturing.
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