Hindustan Infralog Private Limited (HIPL),a joint venture between DP World (65%) and the National Investment and Infrastructure Fund(NIIF) (35%), has won the bid to develop and operate the Free Trade Warehousing Zone(FTWZ) at India’s largest container gateway – Jawaharlal Nehru Port Trust (JNPT) for $78mn. HIPL is the recently created investment vehicle between DP World and NIIF to invest up to USD 3 billion in ports, logistics and related sectors across the country. This is the second...