UP govt accords industry status to warehousing and logistics sector

The Uttar Pradesh government has decided to accord industry status to warehousing and logistics sector in the state, a move that will help reduce the cost of setting upofparks and unitsby a fair margin, officials said on Tuesday.

On the new incentive for warehousing and logistics sector,state's Industrial Development Minister Satish Mahana was quoted as saying in a release, "Chief Minister had given consent to this proposal at a recent meeting as this sector had immense potential to create enormous job opportunities required as migrant labourers are returning from other states due to COVID-19 lockdown."