The government has planned to build multimodal logistic parks at 15 places across the country with an investment of 33 thousand crore rupees in a bid to bring down costs incurred on logistics. <br/><br/>The National Highways Authority of India (NHAI) today inked a pact with the Tamil Nadu Industrial Development Corporation Limited in New Delhi today, for the development of a multimodal logistics park in the Ponneri Industrial Node area near Kamarajar Port in Tamil Nadu. <br/><br/>Speaking on this occasion, Road and Transport Minister Nitin Gadkari said, it is an important agreement for the development of an integrated, multi-modal transport infrastructure in the country. <br/><br/>He said, the proposed logistics parks will bring down the overall freight costs, reduce vehicular pollution and congestion and will enable reduction of warehousing costs.
News On AIR | May 15, 2017 8:00 PM
Govt plans multimodal logistic parks for Rs 33000 cr investment