Global Freight Summit 2024

November 19, 2024

The Global Freight Summit 2024 commenced in Dubai on November 18, marking its third edition since 2022. Hosted by DP World, the event will conclude on November 20 with over 5,000 industry leaders from 155 countries participating, focusing on the theme of Acting to reach the opportunities of tomorrow.

Key Themes of the Summit

The event addresses four primary areas, which include the use of AI and blockchain in business. Strategies for navigating volatile global markets are also discussed. Sustainable shipping practices are the focus. Additionally, the summit examines building robust trade routes amid geopolitical tensions and natural disasters.

Notable Participants

Prominent Indian companies are participating in the summit. Wipro, Tech Mahindra, and SRM Tech are key contributors. Renowned figures such as Sachin Tendulkar and Shah Rukh Khan will join the discussions. Royston Braganza, CEO of Grameen Capital India, is also a featured speaker.

Focus on Digital Solutions

This year’s discussions will centre on implementing digital solutions. Challenges in adopting new technologies will be a major topic. Businesses will explore ways to adapt to shifting trade dynamics. The growing demand for eco-friendly shipping practices will also be brought into light.

Supply Chain Diversification

The summit will pay special attention to diversifying supply chains. Managing risks in global trade routes is crucial for businesses. Solutions to these challenges will be a key focus during sessions.

Networking Opportunities

DP World has organised a comprehensive programme. Interactive sessions and discussions will facilitate knowledge sharing. Keynote speeches from industry experts will enhance understanding. The summit serves as a networking platform for government officials and trade groups. It aims to encourage strategic partnerships among business leaders.

Important Facts for Exams:
DP World: DP World is a global logistics company headquartered in Dubai. It operates numerous ports and terminals worldwide. The company focuses on enhancing trade and supply chain efficiency.
Grameen Capital India: Grameen Capital India is a social investment firm. It aims to provide financial services to underserved communities. The firm supports social enterprises and promotes financial inclusion in India.
Sustainable Shipping: Sustainable shipping practices reduce environmental impact. They include using cleaner fuels and optimising routes. The focus is on balancing economic growth with ecological responsibility.

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