Logistics gets infrastructure status, industry sees 50 bps savings

Opens door for cheaper funds, more investment and higher competitiveness for manufactures

The government has granted infrastructure status to the logistics sector, including multi-modal logistics parks and cold chains, enabling the industry to access funds at a cheaper rate. 

Experts said the cost of funding could come down by up to 50 basis points; those going for external commercial borrowing could get it even cheaper. While existing entities would benefit, such as Allcargo Logistics, Snowman Logistics, Blue Dart, Container Corporation of India, DTDC, Navkar Corporation, DHL and Transport Corporation of India, this has also given a signal for others to invest in the sector, they said. 

Multi-modal logistics parks, comprising an inland container depot