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Adani commissions multimodal logistics park in Punjab

Press Trust of India  |  New Delhi 

Adani Group firm Adani Logistics today said it has commissioned and commenced operations at its multimodal logistics park at Kilaraipur, in

Adani Logistics is a subsidiary of Adani Ports and Special Economic Zone Limited (APSEZ).

"The state-of-the-art terminal was dedicated to the nation by Suresh P Prabhu, Minister for Railways, of India," the company said in a statement.

The logistics infrastructure facility, spread across 77 acres, is strategically located on the dedicated freight corridor feeder route and will facilitate double stack train services to

"With commissioning of this multimodal logistics park -- our third inland container depot (ICD) -- we are a step closer to attaining leadership in the logistics sector.

"We aim to increase our footprint pan and further expand in the logistics sector, mirroring the growth of our ports business. Ludhiana, in Punjab, holds a strategic location advantage with high industrial presence," said Karan Adani, CEO, APSEZ.

Having an ICD in will help capture cargo from and nearby states and contribute towards consolidating additional volumes for Mundra Port, he said.

The multimodal park, with newly constructed warehouse and two railway handling lines, is now open for domestic cargo and domestic container handling.

The Adani Group is one of India's leading business houses with revenue of over USD 12 billion.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, April 20 2017. 15:07 IST