Adani Logistics to shut down its inland container depot in Ludhiana

Adani Logistics Limited will close operations at its rail-linked inland container depot (ICD) at Kilaraipur, Ludhiana, after a seven months blockade by protestors over the centre's farm bill rendered the facility idle, imposing big losses to the company. Since January, the protestors have blocked the main gate of the ICD by tractor trolley to hinder the movement of people and goods hence halting operations at the facility. The multi-modal logistics park was opened in 2017, which spread across 80 acres to cater to the industries in and around Ludhiana to offer import and export services of cargo by road and rail. According to the sources, as a part of shutting down of ICD at Kilaraipur, Adani has removed its signage from ICD's main gate and issued a termination notice to its employees. The closing of the ICD will impact the employment of nearly 400 people directly or indirectly. It will also impact the loss of exchequer by railway haulage, Goods and Services Tax (GST), customs duty, taxes of about Rs 700 crore, and the economy of over Rs 7,000 crore. After the police complaints failed to remove the blockade, Adani Group wrote to the Punjab and Haryana High Court in March to secure its fundamental rights to carry on with its business. The state authorities had only filed the reports before the court and failed to remove the blockade. Image Source Also read: Flyjac Logistics acquires 22.3 acre land parcel from Lodha Group Also read: Avigna Group hands over its first 1 million sq ft of warehousing space