DP World opens FTWZ at Integrated Chennai Business Park

The Chennai facility is the company’s second FTWZ in India after the one in Mumbai, which is 18 months old, said Ranjit Ray, Vice President — Economic Zones, Middle East, North Africa, and Subcontinent.

Ray said that before Covid the company had announced an investment of about ₹1,700 crore to build three FTWZs in India in phases.  Once the facilities are fully ready in 3-4 years, about 4 million sq ft of warehouse space would be available, he said.

The unit in Chennai is the largest of the three, at 125 acres and 2 million sq ft of warehouse space; in Mumbai, it is 85 acres (also 2 million sq ft) and in Kochi 10 acres (0.2 million sq ft), he said.

The Chennai facility is located within a 40-km radius of key ports including Kattupalli (~15 km), Ennore (~11 km), and Chennai (~27 km). The current occupancy is around 10 per cent, and would increase to around 70 per cent by the fiscal end, he said. Tamil Nadu is one of the best states to have the FTWZ, he added.

Value-added services like packing and labelling can be done at the facility, he said. The four warehouses at the Chennai facility can collectively accommodate 17,000 pallet positions, enabling the handling of specialised and uneven shaped cargo. The warehouses are temperature-controlled for cargo storage at 2 degrees Celsius, he said.