MICT Facilitating Indian Trade, Oxford Economics Reports

Why It Matters

The terminal’s scale and connectivity boost India’s export capacity, strengthening the nation’s position in global supply chains and driving regional economic growth.

Key Takeaways

• MICT contributed $128.9 M to India's 2024 GDP.
• Projected $6.4 B export boost from MICT by 2035.
• Handles 1.4 M TEU in 2024, 19,200‑TEU vessels capacity.
• Connects India to 73 global ports via rail‑linked network.

Pulse Analysis

Mundra International Container Terminal (MICT) has emerged as a linchpin in India’s logistics landscape since its 2003 inauguration. As the first greenfield container hub at a non‑major port, it now processes more than 19 million containers, with 1.4 million TEU handled in 2024 alone. Its infrastructure supports ultra‑large ships up to 19,200 TEU and integrates a multimodal rail corridor that reaches key industrial states, effectively turning Gujarat into a gateway for inland manufacturers.

The Oxford Economics study quantifies MICT’s economic contribution, attributing $128.9 million of GDP growth in 2024 and forecasting a $6.4 billion uplift in export value by 2035. These figures reflect not only increased cargo volumes but also the terminal’s role in job creation and skill development across the supply‑chain ecosystem. DP World’s management emphasizes that scalable, efficient infrastructure translates directly into higher trade velocity, reduced shipping costs, and stronger competitiveness for Indian exporters on the world stage.

Strategically, MICT’s connection to 73 global ports and its rail‑linked network across Gujarat, Rajasthan, Haryana, Punjab and Delhi positions India to capture a larger share of maritime trade flowing between Asia, Europe and the Middle East. As global supply chains pivot toward resilience, terminals like MICT provide the redundancy and capacity needed to absorb demand spikes. Continued investment and operational excellence at MICT are likely to reinforce India’s ambition to become a top‑10 global trade hub in the coming decade.