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Government to develop 15 multi-modal logistics parks for Rs 33,000 cr

All this is expected to result in lower logistics costs

IANS  |  New Delhi 

The government is planning to develop multi-modal logistics parks at 15 locations all over India at an estimated cost of Rs 33,000 crore, said an official on Monday. As part of the plan, the National Highways Authority of India (NHAI) on Monday inked a Memorandum of Understanding (MoU) with the Tamil Nadu Industrial Development Corporation Ltd (TIDCO) to develop one such park in the Ponneri Industrial Node area near Kamarajar port in the state. The MoU was signed in the presence of Road Transport & Highways and Shipping Minister Nitin Gadkari and M.C. Sampath, Tamil Nadu Minister ...

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First Published: Tue, May 16 2017. 04:44 IST
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