DP World Mundra Poised to Generate $9.2 Billion GDP Impact by 2035: Oxford Economics

An Oxford Economics study highlights the growing economic significance of DP World's Mundra International Container Terminal (MICT), projecting a $9.2 billion contribution to India's GDP and $6.4 billion in additional exports by 2035, reinforcing the strategic role of modern port infrastructure in driving trade, employment, and regional development.

India's logistics sector continues to gain momentum as world-class port infrastructure enhances global trade connectivity. According to a new Oxford Economics report, DP World's Mundra International Container Terminal (MICT) is expected to contribute $9.2 billion to India's GDP by 2035, supported by stronger shipping connectivity and export growth.

"When infrastructure is built for scale, efficiency and connectivity, it becomes a powerful driver of both economic growth and social progress,” says Hemant Kumar Ruia, Country Manager, DP World Subcontinent (India).

Commissioned in 2003 as India's first greenfield container terminal at a non-major port, MICT has evolved into one of the country's most important trade gateways. Having handled over 19 million containers, including 1.4 million TEUs in 2024, the terminal now connects Indian exporters and importers to 73 international ports, enabling faster and more efficient movement of goods.

The report estimates that the terminal contributed $128.9 million to India's GDP in 2024, while supporting nearly 1,880 jobs across logistics, transportation, manufacturing, retail, and allied services. By 2035, improved connectivity is expected to generate an additional $6.4 billion in exports, further strengthening India's competitiveness in global supply chains.

Beyond trade, the study highlights MICT's contribution to workforce development and inclusion. Nearly 25% of jobs associated with the terminal are held by women, while around 10% of employees are under the age of 25, reflecting increasing opportunities for youth in the logistics sector.

The terminal is also supported by an extensive multimodal logistics network, including rail connectivity across Gujarat, Rajasthan, Haryana, Punjab, and Delhi, improving hinterland access and reducing transit times for manufacturers and exporters.

Key Highlights

19+ million containers handled since commissioning
73 global ports connected through DP World Mundra
$128.9 million contribution to India's GDP in 2024
$9.2 billion projected GDP impact by 2035
$6.4 billion in additional exports expected by 2035
1,880 jobs supported nationwide, including 1,240 in Gujarat
Nearly 25% of jobs linked to the terminal are held by women
10% of the workforce is under the age of 25
Multimodal rail connectivity across Gujarat, Rajasthan, Haryana, Punjab, and Delhi

DP World continues to complement its infrastructure investments with community development initiatives focused on education, healthcare, and skill development, including digital learning programmes, scholarships for girls, and mobile healthcare services in communities around Mundra.