Hindustan Infralog, joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), has bought 90% stake in logistics firm Continental Warehousing. The purchase consideration is below 5% of DP World’s net asset value as of FY2017 and it is the first investment of HIPL. The strategic partnership with Hindustan Infralog and its parent DP World will have huge potential for logistics infrastructure in India and will enable CWCNSL to enhance its end-to-end value-added services to customers.