DP World has opened a new technology centre in Gurgaon, India – its third this year following two in Hyderabad and Bangalore earlier this year.
The facility, located about 30 kilometers southwest of India’s capital New Delhi, will host over 240 people.
DP World will tap into India’s digital economy growth – set to reach $1 trillion by 2025 – nurturing resources to develop the latest available technologies, including blockchain, artificial intelligence and machine learning to automate trade flows.
DP World’s presence in the Indian technology market has grown rapidly to more than 450 employees and the opening of three offices in 2022.
The company aims to reach an employee headcount of 700 by the middle of next year.
READ: DP World divests stake to Indian Infrastructure Fund in $300 million investment
“At DP World, we are focused on developing cutting-edge applications and solutions to solve real-world trade problems,” said Pradeep Desai, DP World’s Chief Technology Officer.
“Across the industries in which we operate in, trade is moving from analogue to embrace new digital solutions. Our teams will be able to build and trial new solutions – from conception to execution – helping to automate the flow of trade.
“We are investing heavily in end-to-end logistics, trade finance, e-commerce and market access, all for benefitting cargo owners. In addition, efficiencies can be achieved in supply chains by using IoT to run operations, digital twins to monitor activities and movement of cargo via alternate modes of transport using optimization techniques.”
During COP27 in Egypt, DP World announced it will invest up to $500 million to cut CO2 emissions from its operations by nearly 700,000 tons over the next five years.
Credit: Source link