Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur

02 May 2025 CW Team

The MMLP Nagpur established by National Highway Logistics Management (NHLML), a 100 per cent owned company of National Highways Authority of India (NHAI) received its first rake of 123 Maruti Cars from Ex-Farukhnagar on 28 April marking a major achievement for the facility.

NHLML has signed an agreement with a private developer for the Multi Modal Logistics Park (MMLP) in an area of 150 acre in three phases under Public-Private Partnership model with Concession Period of 45 years, at an estimated cost of Rs 6.73 billion. Phase-I will be developed with an investment of Rs 1.37 billion.

An Authority SPV, Maharashtra MMLP, is formed between National Highways Logistics Management (NHLML) and Jawaharlal Nehru Port Authority (JNPA). The Authority SPV has to provide land, external rail and road connectivity as well as water and power supply for development of MMLP.

The MMLP will provide facilities such as warehouses, cold storages, intermodal transfers, handling facilities for container terminals, bulk / break-bulk cargo terminals along with Value Added Services such as sorting / grading and aggregation / desegregation areas, bonded warehouse and customs facilities as well as support logistics facilities such as offices for freight forwarders and transporters and truck terminals.

Development of MMLP Nagpur will help improve country's freight logistics sector by enabling efficient inter-modal freight movement to lower overall freight costs and time; providing efficient warehousing, improved tracking and traceability of consignments, thereby enhancing efficiency of the Indian logistics sector. It will further create employment opportunities and bring in economic development in the region.

Under the PM Gati Shakti initiative of Prime Minister with the aim to provide seamless and efficient connectivity for the movement of people, goods and services across various modes of transport, thereby enhancing last-mile connectivity and reducing travel time, and under the guidance of Union Minister of Road Transport and Highways, Nitin Gadkari, the Multi Modal Logistics Park, Nagpur (MMLP Nagpur) at Sindi, near Wardha commenced its commercial operations with a goal to establish a faster link. The MMLP Nagpur established by National Highway Logistics Management (NHLML), a 100 per cent owned company of National Highways Authority of India (NHAI) received its first rake of 123 Maruti Cars from Ex-Farukhnagar on 28 April marking a major achievement for the facility. NHLML has signed an agreement with a private developer for the Multi Modal Logistics Park (MMLP) in an area of 150 acre in three phases under Public-Private Partnership model with Concession Period of 45 years, at an estimated cost of Rs 6.73 billion. Phase-I will be developed with an investment of Rs 1.37 billion. An Authority SPV, Maharashtra MMLP, is formed between National Highways Logistics Management (NHLML) and Jawaharlal Nehru Port Authority (JNPA). The Authority SPV has to provide land, external rail and road connectivity as well as water and power supply for development of MMLP. The MMLP will provide facilities such as warehouses, cold storages, intermodal transfers, handling facilities for container terminals, bulk / break-bulk cargo terminals along with Value Added Services such as sorting / grading and aggregation / desegregation areas, bonded warehouse and customs facilities as well as support logistics facilities such as offices for freight forwarders and transporters and truck terminals. Development of MMLP Nagpur will help improve country's freight logistics sector by enabling efficient inter-modal freight movement to lower overall freight costs and time; providing efficient warehousing, improved tracking and traceability of consignments, thereby enhancing efficiency of the Indian logistics sector. It will further create employment opportunities and bring in economic development in the region.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..