Uttar Pradesh to develop a network of dry ports
PORTS & SHIPPING

Uttar Pradesh to develop a network of dry ports

The Uttar Pradesh government has decided to develop a network of dry ports across the state, and several domestic, and international companies have forwarded their proposals for investment in this sector.

According to the government spokesman, Uttar Pradesh is a landlocked state with various export clusters. Dry ports facilitate the transportation of export cargo to seaports. The state government had given several concessions to investors in its new Warehousing and Logistics Policy-2022.

He said that the state government aims to strengthen existing dry ports, inland container depots, freight stations and logistics terminals at suitable locations with access to road corridors, a quality network of four-lane and six-lane highways, and interlinking roads.

The UP government will provide various concessions for developing dry ports. About 100 per cent exemption in stamp duty will be provided on the purchase of land or land taken on the lease for a minimum period of 10 years. Similarly, a 75 per cent concession will be given in the land use conversion charge and a 75 per cent exemption will be available on the development fee.

Many foreign companies have expressed their desire to invest in the logistics sector in the state.

The state government has also signed MoUs with many investors for developing dry ports. Agreements worth Rs 13 billion have been signed with the Saraf Group of UAE and Rs 2 billion with the Hindustan Port.

Also Read
MahaRERA relaxes rules to speed up construction of rural projects
BK Modi Group intends to spend $1 billion over the next five years

The Uttar Pradesh government has decided to develop a network of dry ports across the state, and several domestic, and international companies have forwarded their proposals for investment in this sector. According to the government spokesman, Uttar Pradesh is a landlocked state with various export clusters. Dry ports facilitate the transportation of export cargo to seaports. The state government had given several concessions to investors in its new Warehousing and Logistics Policy-2022. He said that the state government aims to strengthen existing dry ports, inland container depots, freight stations and logistics terminals at suitable locations with access to road corridors, a quality network of four-lane and six-lane highways, and interlinking roads. The UP government will provide various concessions for developing dry ports. About 100 per cent exemption in stamp duty will be provided on the purchase of land or land taken on the lease for a minimum period of 10 years. Similarly, a 75 per cent concession will be given in the land use conversion charge and a 75 per cent exemption will be available on the development fee. Many foreign companies have expressed their desire to invest in the logistics sector in the state. The state government has also signed MoUs with many investors for developing dry ports. Agreements worth Rs 13 billion have been signed with the Saraf Group of UAE and Rs 2 billion with the Hindustan Port. Also Read MahaRERA relaxes rules to speed up construction of rural projects BK Modi Group intends to spend $1 billion over the next five years

Next Story
Infrastructure Urban

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's  fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building  (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous  Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in  Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant  advancement in the company's commitment to engineered performance, manu..

Next Story
Infrastructure Urban

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Next Story
Infrastructure Urban

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App