Rs.35.44 bn for Smart Port City

The Smart Industrial Port City developed within the premises of the Paradip Port Trust (PPT) will house a string of projects. PPT has initiated work on projects valued at Rs 35.44 bn on the city spread over 700 acre. Projects on the anvil include a multi-modal logistics park committed by Container Corporation of India (Concor), a 4 mn tonne per annum pelletisation unit by Thriveni Earthmovers, a wood park and a dedicated food park for edible oils. Concor has pledged an investment of Rs 2 bn.