India to develop 35 logistics parks: Gadkari
AVIATION & AIRPORTS

India to develop 35 logistics parks: Gadkari

Union Minister for Road Transport, Highways & Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari had said that his ministry would develop 35 Multi-modal Logistic Parks (MMLPs) in the country. The work for the preparation of detailed project report (DPR) and feasibility report was already ...

Union Minister for Road Transport, Highways & Micro, Small and Medium Enterprises (MSMEs) Nitin Gadkari had said that his ministry would develop 35 Multi-modal Logistic Parks (MMLPs) in the country. The work for the preparation of detailed project report (DPR) and feasibility report was already underway and special purpose vehicles (SPVs) would be formed for all these MMLPs, with professionally qualified CEOs being appointed for each separately, he added. Gadkari was addressing at the foundation laying event for India’s first multi-modal logistic park at Jogighopa in Assam on October 20 through video conferencing. The Rs 6.93 billion-park would provide direct air, road, rail and waterways connectivity to stakeholders. The park is being developed under the ambitious Bharatmala Pariyojana of the government. Gadkari informed that the initial report and master plan were ready for the 346-acre MMLP with Jawaharlal Nehru Port Trust (JNPT) in the Wardha Dry Port area of Nagpur. Feasibility reports were being prepared for the Bengaluru MMLP, Sangrur warehouse complex in Punjab, Surat, Mumbai, Indore, Patna, Hyderabad, Vijayawada and Coimbatore. A DPR was in the works for the MMLP near the Chennai port while studies were underway for the MMLPs in Pune and Ludhiana. Twenty-two other MMLPs were proposed in Ahmedabad, Rajkot, Kandla, Vadodara, Ludhiana, Amritsar, Jullundur, Bhatinda, Hissar, Ambala, Kota, Jaipur, Jagatsinghpur, Sundarnagar, Delhi, Kolkata, Pune, Nashik, Panaji, Bhopal, Raipur and Jammu. The Jogighopa MMLP, which is being developed on 317-acre land along the River Brahmaputra, is the first such facility in the country. Gadkari said the first phase of construction was scheduled for completion by 2023. He informed that works worth Rs 2.80 billion had already been awarded, including Rs 1.71 billion for road construction, Rs 870 million for erecting the structure and Rs 230 million for railway lines. The construction work would commence from November. The minister also said the project would lead to the creation of direct and indirect jobs for nearly 2 million youth of the Northeastern state. The minister added that the distance of 154 km between Jogighopa and Guwahati would be covered by making a four-lane road on this stretch. Besides, a 3-km rail line would connect Jogighopa station to the MMLP while another 3-km rail link would connect it to the inland waterways terminal (IWT). The road to the newly developed Rupsi airport would also be upgraded to four-lanes for easier connectivity. He said the MMLP will have all the facilities like a warehouse, railway siding, cold storage, customs clearance house, yard facility, workshops, petrol pumps, truck parking, administrative building, boarding lodging, eating joints and a water treatment plant. Assam Chief Minister Sarbananda Sonowal presided over the virtual function, which was attended by Union Ministers of State Dr. Jitendra Singh, Gen (Retd) Dr. VK Singh and Rameshwar Teli. Besides, ministers of the Assam government, members of parliament, MLAs and senior central and state government officials were also present on the occasion.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?