DP
World, a leading global provider of smart end-to-end supply chain solutions,
today announced the launch of the Bharat Africa Setu. This initiative is being
developed under the guidance of the Government of India’s Ministry of Commerce
and Industry and Ministry of External Affairs. This platform will provide Indian businesses access to robust
warehousing, trade finance, and distribution networks—fuelling south-south
cooperation and inclusive growth. It will connect India and Africa through sea
and air connectivity between ports, economic zones and logistics parks operated
by DP World in both geographies.
The Bharat Africa Setu will provide Indian
exporters with access to 53 African countries where DP World already has a
strong logistics footprint, connecting to 260,000 points of sale.
His Excellency Sultan Ahmed
bin Sulayem, Group Chairman and Chief Executive Officer of DP World unveiled
the ‘Bharat Africa Setu’ initiative in the presence of Shri Piyush Goyal,
Honourable Minister of Commerce and Industry, Government of India and other
dignitaries at the Dubai-India Business Forum in Mumbai.
Africa
imports approximately USD 430 billion worth of goods from various countries,
presenting a significant market for global exporters. Currently, India exports
USD 28 billion worth of goods to Africa, accounting for 6.5% of Africa’s total
imports. This offers a significant opportunity for India’s export economy to
grow its share to 12% by 2030.
The Bharat Africa Setu will
combine efficient physical infrastructure with value added services – thus
creating a holistic trade ecosystem. It will enable Indian manufacturers to
display new and upcoming product concepts. It will further ensure ease of
access to trade support services such as export finance, marketing & branding,
packaging, logistics, testing & certification services and reduce cash flow
constraints.
Additionally, it will also facilitate ease in compliance with regulatory
processes, licensing requirements, and applying for Government approvals.
Union Minister of Commerce & Industry, Shri.
Piyush Goyal, said,”... The Bharat Africa Setu is a concrete step
in this direction. By leveraging private sector innovation and investment, we
are committed to developing an efficient, future-ready trade corridor that
facilitates seamless export flows between India and Africa, fostering
prosperity and growth on both sides of the Arabian Sea.”
Speaking
about the revolutionary trade initiative, Sultan Ahmed bin Sulayem,
Group Chairman and Chief Executive Officer of DP World, said: “Our
partnership with the Government of India to establish the ‘Bharat Africa Setu’
will open doors for Indian exporters to the vast opportunity in Africa by
enhancing bilateral trade efficiency and improving market access.” DP
World’s, extensive portfolio across Africa includes 10 ports and terminals, 3
economic zones, 203 warehouses spanning 1.5+ million sqm and deep expertise in
freight operations, logistics management and market access capabilities.
By
integrating these services, DP World offers Indian businesses smart and
resilient supply chain solutions, can help insulate trade from global
disruptions and enable them to thrive in the African market.