Multimodal Logistics Parks to Be Developed in Key Port Cities
WAREHOUSING & LOGISTICS

Multimodal Logistics Parks to Be Developed in Key Port Cities

Under the Bharatmala Pariyojana, an initiative by the Ministry of Road Transport and Highways, six Multi Modal Logistics Parks (MMLPs) are planned for development in key port cities across India. These cities include Chennai (Tamil Nadu), Mumbai (Maharashtra), Kolkata (West Bengal), Cochin (Kerala), Visakhapatnam (Andhra Pradesh), and Kandla (Gujarat).

The MMLP in Chennai has received an approved authority cost of Rs 6.41 billion for its development. The other five proposed MMLPs are currently under various stages of feasibility and planning, and no specific funds have been allocated for them yet. Additionally, there is no proposal for a Phase II development of MMLPs under the current framework.

MMLPs are aimed at significantly improving the country’s logistics and supply chain efficiency by integrating multiple modes of transport. These logistics parks are expected to provide a range of essential services such as warehousing and storage, transportation and freight handling, customs and regulatory services, value-added services, and robust infrastructure and connectivity. Emphasis is also placed on environmental sustainability and security, making these hubs comprehensive solutions for modern logistics needs.

All MMLPs under this initiative are being developed through the Public-Private Partnership (PPP) model, with a concession period of 45 years. This approach is designed to attract private investment and ensure long-term operational efficiency, supporting the government’s vision to transform India’s transportation infrastructure and logistics sector.

This information was presented by the Ministry of Ports, Shipping and Waterways in response to a query in the Lok Sabha.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Under the Bharatmala Pariyojana, an initiative by the Ministry of Road Transport and Highways, six Multi Modal Logistics Parks (MMLPs) are planned for development in key port cities across India. These cities include Chennai (Tamil Nadu), Mumbai (Maharashtra), Kolkata (West Bengal), Cochin (Kerala), Visakhapatnam (Andhra Pradesh), and Kandla (Gujarat). The MMLP in Chennai has received an approved authority cost of Rs 6.41 billion for its development. The other five proposed MMLPs are currently under various stages of feasibility and planning, and no specific funds have been allocated for them yet. Additionally, there is no proposal for a Phase II development of MMLPs under the current framework. MMLPs are aimed at significantly improving the country’s logistics and supply chain efficiency by integrating multiple modes of transport. These logistics parks are expected to provide a range of essential services such as warehousing and storage, transportation and freight handling, customs and regulatory services, value-added services, and robust infrastructure and connectivity. Emphasis is also placed on environmental sustainability and security, making these hubs comprehensive solutions for modern logistics needs. All MMLPs under this initiative are being developed through the Public-Private Partnership (PPP) model, with a concession period of 45 years. This approach is designed to attract private investment and ensure long-term operational efficiency, supporting the government’s vision to transform India’s transportation infrastructure and logistics sector. This information was presented by the Ministry of Ports, Shipping and Waterways in response to a query in the Lok Sabha.

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement