Land lease for Indore perishable cargo centre gets cabinet nod

Image
IANS New Delhi
Last Updated : May 18 2016 | 2:13 PM IST

The government on Wednesday approved the land lease for setting up a world class centre for perishable cargo at the Devi Ahilya Bai Airport in Indore.

The decision was taken by the union cabinet that met under the chairmanship of Prime Minister Narendra Modi here.

The Centre for Perishable Cargo (CPC), being established by the Madhya Pradesh Warehousing Logistics Corporation (WLC) under a public-private partnership model, will come up at a 1500-sqm plot owned by the Airports Authority of India (AAI).

It will be a state-of-art exit point facility for perishables from the state. It will provide a world class facility under one roof to cater to all requirements of the traders and maintain the quality of produce. A total number of 113 people will be required to manage the centre.

The centre in Indore comes in the backdrop of a huge demand for export of pharmaceuticals, poultry products and horticulture products in Malwa region of Madhya Pradesh.

The leasing out of the land will also enable the Madhya Pradesh government to promote its agriculture and horticulture sector, an official statement said.

--IANS

nd/sar/bg

*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: May 18 2016 | 2:00 PM IST

Next Story