First pvt logistics park at Hyderabad notified by SCR

The Logistics Interface Park (LIP), developed by Continental Multimodal Terminals Limited (CMTL), near here has been notified as a private freight terminal by South Central Railway. It is a first-of-its-kind in the country to be notified under the new policy initiative of the Indian Railways.

The multi-user LIP is located at Timmapur close to National Highway-7 and is equipped with a railway sliding containing three full-length railway lines and over 250,000 square feet of covered warehousing spread over 50 acres to cater to the needs of both domestic and export and import trade, Suresh Joseph, managing director and CEO of the company, said in a press release on Tuesday.

 

The LIP will handle domestic cargo in railway wagons and provide linkage for container trains to the gateway ports of JNPT (Mumbai), Chennai, Krishnapatnam and Visakhapatnam. CMTL is a joint venture between Continental Warehousing Corporation Limited (CWCL), a part of NDR group, and Kribhko Infrastructure Limited.

“We have already started domestic operations from the LIP and plan to commence export-import business from this month-end. We plan to handle more than 20,000 containers annually,” said a senior official of the company.

The park has a bonded area that can handle 4,000 boxes at a time. It will handle container trails as well as conventional railway wagons. The process for notifying an inland container depot within the LIP premises is in an advanced stage, the official added.