H.E. Abdulla bin Touq Al Marri, UAE Minister of Economy, visits Hind Terminals Logistics Park in Palwal, Haryana and reviews the company’s current operations and future investments plans for India
His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy, visited the Hind Terminals Logistics Park in Palwal, Haryana.
The UAE Minister of Economy was in India to attend the Partnership Summit 2023, organized by Confederation of Indian Industry (CII).
Hind Terminals is the UAE headquartered Sharaf Group’s subsidiary in India, engaged in providing end to end logistics solutions. The UAE Minister of Economy was welcomed by Mr. Salah Sharaf Al Hashmi, Vice Chairman of Sharaf Group, at the logistics park.
The Minister toured the facility spread over 5 million sq ft. known to be one of the largest logistics park in India, the Palwal facility houses 65,000 sqm container yard, 9,000 sqm of warehouses, 9,360 sqm of space for chillers, another 65,000 sqm space for the iron stores area, and 6,500 sqm for general warehouses, in addition to train stations and 28 car trailers.
H.E. Al Marri reviewed the current operations of Hind Terminals in India and was briefed about the future expansion plans for the Indian market by the Group’s senior management.
H.E. Al Marri said that the UAE’s investments in foreign markets continues to grow, creating multiplier effects by enhancing job opportunities, propelling trade and economic growth, thus supporting the UAE’s vision for creating a new economy based on openness, diversity, and flexibility. For his part, Mr. Salah Sharaf, Vice Chairman of Sharaf Group, said, “The Palwal Logistics Park is the one of the biggest projects by the UAE, and it contributes positively to further the UAE-India relations in light of the CEPA that was signed between the two countries in February 2022.” The UAE Minister also planted a tree at the facility, during his visit.