Allcargo to set up logistics park in Haryana

Allcargo plans to set up a logistics park in Jhajjar district of Haryana, mainly to cater to the growing container traffic in the northern parts of the country.
"Allcargo has in-principle approved setting up of logistics park in Haryana. The facility is expected to be operational by 2018, subject to necessary regulatory approvals and rail connectivity," the company said in a statement issued here today.
The project will comprise of rail linked private freight terminal catering to railway cargo movement, free trade warehousing zone, domestic tariff area and other related activities.
It will also have the facility to handle both in-bound and out-bound contract logistics services.

"With a view to enhance the future growth of Indian business sentiment, we chose to set up a logistics park in Haryana as it is a preferred industrial and manufacturing destination. We want to offer end to end logistics solutions to the customers in the northern belt through our facility in Jhajjar district," company's Executive Director Adarsh Hegde said.
The company has identified about 200 acres of freehold agricultural land for developing the said project, which is in close proximity to Dedicated Freight Corridor (DFC).

"This will help us to target the growing container traffic in the northern parts of the country, which would be boosted by DFC connectivity. The Jhajjar project will highlight our expertise to handle break bulk cargo along with containerised cargo and operations related to contract logistics," he said.

The company, however, not mentioned the financial considerations in this regard.
The facility will also provide domestic tariff area (DTA) warehousing facility for consolidation of cargo as well as distribution solutions. This activity will complement its container freight station business, the release said.