Jafza International, the global operation arm of Dubai’s Economic Zones World, will transfer its expertise for developing a network of business and logistics parks across India.

This follows the signing of a 50:50 joint venture agreement with Tata Realty and Infrastructure Ltd (TRIL), a 100 per cent subsidiary of Tata Sons, India’s largest conglomerate.
Signing the deal in Mumbai were Jamal Majid Bin Thaniah, vice-chairman and group CEO, Ports & Free Zones World, and R K Krishna Kumar, chairman, TRIL and director, Tata Sons. Also present on the occasion were Dinesh Chandiok, chief executive and managing director of TRIL, Salma Hareb, CEO, Jafza and Economic Zones World, and Samir Chaturvedi executive vice-president of Jafza International.
Kumar described the development as a “milestone” in infrastructure development in India.
“Guided by a set of common values, this JV will share the best international practices through transfer of technology into the country, enabling us to serve the nation better,” he added.
Sultan Ahmad bin Sulayem, chairman of Dubai World, the parent company of Economic Zone World and Jafza, said: “This joint venture will further expand our involvement in the Indian economy and start a new chapter in the already strong economic ties between India and UAE.”