Govt proposes to set up 15 logistics parks

Govt proposes to set up 15 logistics parks

Govt proposes to set up 15 logistics parks

Aiming to ensure hassle-free freight movement, the Centre is planning to set up multimodal logistics parks in 15 places across the country with the investment of over Rs 33,000 crore.

As per the proposal prepared by the Union Ministry of Road Transport, the shortlisted locations for the parks are — Delhi, Bengaluru, Mumbai, three parks in Gujarat (north Gujarat, south Gujarat and near Kandla port), Hyderabad, two in Punjab (north Punjab and south Punjab), Jaipur, Pune, Vijayawada, Cochin, Chennai and Nagpur.

These parks will be built under the ministry’s Logistics Efficiency Enhancement Programme (LEEP) and the parks are expected to serve key functions like freight aggregation and distribution, freight movement, custom clearances, storage and warehousing.

"A total of 4,800 acres is needed for the development of the proposed 15 multimodal logistics parks, including land for storage space, allied infrastructure, trunk infrastructure and land for future expansion. A total cost of Rs 10,700 crore will be needed for land acquisition," said the proposal.

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