UAE’s DP World opens new tech centres in India

Gulf Business: DP World has opened a new technology centre in Bangalore, India. The office is the company’s second technology centre to be opened in India this year, following Hyderabad in May, while a third, at Gurugram, is set to open in the coming months.

DP World’s presence in the Indian technology market has grown rapidly. At the beginning of 2021, the company had just 50 employees. This number has already grown to more than 450 with the opening of the first two offices.

As this exponential growth continues, employee headcount is expected to reach as many as 800 by the middle of next year.

Mike Bhaskaran, group COO of Digital Technology, said: “The trade and logistics industry is ripe for high-scale automation. Our teams will be working towards making existing solutions more efficient and building new solutions – from conception to execution – helping deliver a seamless flow of trade from the ground up. We are creating prosperity by offering every business and every producer transparent, controllable access to global markets at the click of a button with our end-to-end digital eco-system.”

Pradeep Desai, DP World’s CTO, added: “What makes us different at DP World is that the ownership of the product is here with us. We are conceptualizing new products to offer our customers. This means our developers, managers and analysts are involved in co-creating solutions from the ground up and owning the software development process from the beginning to the end. Engineers will get to work on exciting technologies like blockchain, internet of things, artificial intelligence and machine learning, all of which are heavily used in automating trade flows.”

Across the industries in which DP World operates, trade is moving from analogue to embrace new digital solutions. DP World is leading the acceleration of this trend, helping drive efficiency and transparency. Our global logistics solutions are opening up markets to traders, while financial solutions such as Cargoes Finance, enable small producers around the world to fund their trade ambitions.

In recent news, DP World and the Saudi Ports Authority have announced the signing of an agreement to build a logistics park at the Jeddah Islamic Port.

Gulf Business Contribution Time: 22-Jun-2022 20:00 (GMT)
Gulf Business Last Update Time: 22-Jun-2022 20:00 (GMT)