His Excellency Abdulla bin Touq Al Marri, UAE Minister of Economy on Wednesday visited the Hind Terminals Logistics Park at Palwal in Haryana and reviewed the current operations of Hind Terminals in India.
Abdulla bin Touq Al Marri was in India to attend the Partnership Summit 2023, organized by the Confederation of Indian Industry (CII).
During his visit to the logistics park, he was briefed about the future expansion plans for the Indian market by the group’s senior management, a release said.
The UAE headquartered, Hind Terminal is 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 was shown the facility spread over 5 million square feet. Known to be one of the largest logistics park in India, the Palwal facility houses 65,000 sq m container yard, 9,000 sqm of warehouses, 9,360 sq m of space for chillers, another 65,000 sq m space for the iron stores area, and 6,500 sq m for general warehouses, in addition to train stations and 28 car trailers.
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.H.E. Al Marri, UAE Minister of Economy
“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.”Mr. Salah Sharaf, Vice Chairman of Sharaf Group
The UAE Minister also planted a tree at the facility, during his visit.
The Hind Terminals Private Limited- a subsidiary of UAE headquartered Sharaf Group is a leading player in the Indian logistics infrastructure space and has investments in several Indian states including Haryana, Punjab, Gujarat, Maharashtra, and Tamil Nadu.
Sharaf Group is known for its investments in shipping, logistics, supply and supply services, retail, travel and tourism, financial services, hospitality and real estate, education and manufacturing sectors.