Ford India welcomes rail-auto logistics hub

Image
IANS New Delhi
Last Updated : Feb 25 2016 | 10:07 PM IST

Welcoming India's first rail-auto transportation and logistics hub as proposed by Railway Minister Suresh Prabhu in his rail budget for 2016-17 presented on Thursday, leading automobile manufacturer Ford India said the hub would greatly help auto manufacturers based in south India.

"The announcement of rail auto hub in Chennai, therefore, is significant and would help southern auto original equipment manufacturers (OEM) to improve their logistical multimodal efficiencies significantly," said company in a statement.

"The auto hub will encourage transportation of cars through railways, thereby offering a greener logistical solution through decongestion of road traffic," it added.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 25 2016 | 9:56 PM IST

Next Story