Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur
ECONOMY & POLICY

Commercial Ops Begin at Multi-Modal Logistics Park in Nagpur

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.

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.

Next Story
Infrastructure Urban

Reliance, Diehl Advance Pact for Precision-Guided Munitions

Diehl Defence CEO Helmut Rauch and Reliance Group’s Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence’s long-term commitment to the Indian market and its support for the Indian Government’s Make in India initiative. The partnership’s current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the “Vulc..

Next Story
Infrastructure Urban

Modis Navnirman to Migrate to Main Board, Merge Subsidiary

Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company’s growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..

Next Story
Infrastructure Urban

Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025

The Bharat InvITs Association’s industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States’ share of global activity below 15 per cent. Meanwhile, in..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?