India Inks MoU to Develop Advanced Multimodal Logistics Park in Varanasi
WAREHOUSING & LOGISTICS

India Inks MoU to Develop Advanced Multimodal Logistics Park in Varanasi

A Memorandum of Understanding (MoU) was formalized between National Highways Logistics Management (NHLML) and the Inland Waterways Authority of India (IWAI) for the development of a Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The initiative, supported by the Ministry of Road Transport and Highways and the Ministry of Ports, Shipping and Waterways, aims to enhance logistical efficiency and trade connectivity in the region.

The MMLP will be developed on a 150-acre site, strategically positioned to strengthen transport infrastructure. A 650-metre access road will connect the facility to National Highway 7 (NH7), ensuring seamless road connectivity. The location, just 1.5 kilometres from the NH7-NH2 junction, offers a significant advantage for cargo movement.

In addition to road connectivity, the logistics park will integrate with the Eastern Dedicated Freight Corridor through a 5.1-kilometre railway line from Jeonathpur Station. Its proximity to National Waterway-1 enables efficient inland water transport, complementing the existing logistics framework. The facility is also situated 30 kilometers from Lal Bahadur Shastri Airport, ensuring accessibility for both domestic and international trade.

The project is expected to attract substantial investments, fostering economic development in the region. By improving supply chain efficiency and logistics infrastructure, the MMLP is set to create new employment opportunities while enhancing India’s trade competitiveness. The development of this facility aligns with the broader vision of strengthening the country’s multimodal transportation network, reducing logistics costs, and boosting overall economic growth.

Once operational, the MMLP in Varanasi is anticipated to play a crucial role in streamlining freight movement, supporting industrial expansion, and positioning India as a key player in global trade logistics.

News source: DD News

A Memorandum of Understanding (MoU) was formalized between National Highways Logistics Management (NHLML) and the Inland Waterways Authority of India (IWAI) for the development of a Multi-Modal Logistics Park (MMLP) in Varanasi, Uttar Pradesh. The initiative, supported by the Ministry of Road Transport and Highways and the Ministry of Ports, Shipping and Waterways, aims to enhance logistical efficiency and trade connectivity in the region. The MMLP will be developed on a 150-acre site, strategically positioned to strengthen transport infrastructure. A 650-metre access road will connect the facility to National Highway 7 (NH7), ensuring seamless road connectivity. The location, just 1.5 kilometres from the NH7-NH2 junction, offers a significant advantage for cargo movement. In addition to road connectivity, the logistics park will integrate with the Eastern Dedicated Freight Corridor through a 5.1-kilometre railway line from Jeonathpur Station. Its proximity to National Waterway-1 enables efficient inland water transport, complementing the existing logistics framework. The facility is also situated 30 kilometers from Lal Bahadur Shastri Airport, ensuring accessibility for both domestic and international trade. The project is expected to attract substantial investments, fostering economic development in the region. By improving supply chain efficiency and logistics infrastructure, the MMLP is set to create new employment opportunities while enhancing India’s trade competitiveness. The development of this facility aligns with the broader vision of strengthening the country’s multimodal transportation network, reducing logistics costs, and boosting overall economic growth. Once operational, the MMLP in Varanasi is anticipated to play a crucial role in streamlining freight movement, supporting industrial expansion, and positioning India as a key player in global trade logistics. News source: DD News

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement