National Investment and Infrastructure Fund completed the acquisition of a 22.5% stake in Hindustan Ports from DP World for $300m.

National Investment and Infrastructure Fund, an investment platform, completed the acquisition of a 22.5% stake in Hindustan Ports, a container terminal platform, from DP World, a provider of supply chain logistics, for $300m. “The deepening of our successful 4-year partnership with DP World is a testament to the attractive opportunities in the Indian ports and logistics sector and the strategic vision and ongoing reforms under the PM Gati Shakti program. The investment will enable NIIF’s domestic and international investors to have a meaningful exposure in the sector through a unique and scalable platform with a significant presence across sea-based container terminals and land-based container logistics infrastructure,” Sujoy Bose, National Investment and Infrastructure Fund Managing Director and CEO.