+
Allcargo Plans Haryana Logistics Park
WAREHOUSING & LOGISTICS

Allcargo Plans Haryana Logistics Park

Allcargo Terminals, a Mumbai-based logistics company, plans to invest Rs 115 crore in developing a multimodal logistics park in Farrukhnagar, Haryana. This initiative is part of a larger Rs 500 crore fundraising strategy, as stated by Managing Director Suresh Kumar R. The logistics park is being developed in collaboration with the Haryana Orbital Rail Corporation (HORCL), a joint venture under the Rs 6,000 crore Haryana Rail Infrastructure Development Corporation-led Haryana Orbital Rail Corridor (HORC) project.

Allcargo Terminals has already acquired a 7.6% equity stake in HORCL and committed an additional Rs 23 crore. The remaining investments, covering land access, a private freight terminal, and an inland container depot, are nearing finalisation. Kumar highlighted that this project aligns with Allcargo’s strategy to enhance its capabilities in multimodal logistics parks and inland container depots in northern India.

The HORC project, a 135-km rail line bypassing Delhi, aims to link industrial and warehousing hubs like Palwal and Sonipat, diverting goods traffic from Delhi to reduce congestion and foster economic growth in Haryana. The corridor will also provide direct connections to the Dedicated Freight Corridor, a major boost for freight logistics.

Set for completion by December 2027, the project is expected to drive industrial development along Haryana's western periphery and enhance freight connectivity across the National Capital Region (NCR) and beyond. Kumar noted that this investment reinforces Allcargo's commitment to accelerating growth in north India, leveraging the region’s significant contribution to the national economy.

This development not only strengthens Allcargo's foothold in the logistics sector but also contributes to Haryana's infrastructure growth, fostering economic activity and improving the region’s industrial transport efficiency.

Allcargo Terminals, a Mumbai-based logistics company, plans to invest Rs 115 crore in developing a multimodal logistics park in Farrukhnagar, Haryana. This initiative is part of a larger Rs 500 crore fundraising strategy, as stated by Managing Director Suresh Kumar R. The logistics park is being developed in collaboration with the Haryana Orbital Rail Corporation (HORCL), a joint venture under the Rs 6,000 crore Haryana Rail Infrastructure Development Corporation-led Haryana Orbital Rail Corridor (HORC) project. Allcargo Terminals has already acquired a 7.6% equity stake in HORCL and committed an additional Rs 23 crore. The remaining investments, covering land access, a private freight terminal, and an inland container depot, are nearing finalisation. Kumar highlighted that this project aligns with Allcargo’s strategy to enhance its capabilities in multimodal logistics parks and inland container depots in northern India. The HORC project, a 135-km rail line bypassing Delhi, aims to link industrial and warehousing hubs like Palwal and Sonipat, diverting goods traffic from Delhi to reduce congestion and foster economic growth in Haryana. The corridor will also provide direct connections to the Dedicated Freight Corridor, a major boost for freight logistics. Set for completion by December 2027, the project is expected to drive industrial development along Haryana's western periphery and enhance freight connectivity across the National Capital Region (NCR) and beyond. Kumar noted that this investment reinforces Allcargo's commitment to accelerating growth in north India, leveraging the region’s significant contribution to the national economy. This development not only strengthens Allcargo's foothold in the logistics sector but also contributes to Haryana's infrastructure growth, fostering economic activity and improving the region’s industrial transport efficiency.

Next Story
Infrastructure Transport

CONCOR, Dubai’s RHS Partner for Global Logistics Push

 Container Corporation of India Ltd (CONCOR) has entered into a strategic partnership with Dubai-based Rais Hassan Saadi Group (RHS) to explore joint opportunities in the overseas shipping and logistics sector. The collaboration was formalised through a Memorandum of Understanding (MoU) signed on 14 July 2025, aimed at providing integrated, cost-effective end-to-end logistics solutions with a focus on enhancing international multimodal connectivity.The agreement aligns CONCOR’s extensive expertise in inland logistics, terminal operations, and supply chain management with RHS Group’s es..

Next Story
Infrastructure Urban

AM/NS Commissions Galvanising Line at Hazira Plant

ArcelorMittal Nippon Steel (AM/NS) India has commissioned a new Continuous Galvanising Line (CGL) at its Hazira facility to produce advanced high-strength steel for the automotive sector. The new unit raises the company's downstream steel capacity by 0.5 million tonnes per annum (MTPA) to 3.3 MTPA, with plans to reach 5 MTPA by year-end through two more lines.The company had committed an investment of Rs 85 billion in five galvanising lines at Hazira, of which around 85 per cent has already been utilised.AM/NS India stated that its new high-strength galvanised steel will replace imports, with ..

Next Story
Infrastructure Urban

MCD Clears Rs 11.5 Billion Projects Including Puzzle Parking

After a gap of over two years, the newly reinstated Standing Committee of the Municipal Corporation of Delhi (MCD) has approved a range of civic and infrastructure projects worth approximately Rs 11.5 billion. Among the key decisions is the construction of a multi-level puzzle parking facility at Bharat Darshan Park in west Delhi, costing Rs 316 million, which will accommodate 188 vehicles. The project will be executed within 12 months and includes 10 years of operation and maintenance by the implementing agency.Standing Committee Chairman Satya Sharma stated the parking, equipped with advance..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?