The park will be developed under a public-private partnership, whose partner is DC Multi Modal Park (Nagpur), a special purpose vehicle launched by DeltaBulk Shipping India.
The National Highways Authority of India (NHAI) has signed an agreement with a private company to develop a Rs 673-crore .
Multi-Modal Logistics Park (MMLP) in Nagpur, a statement on Tuesday said. , spread over an area of 150 acres.
The park will be developed under a public-private partnership, whose partner is DC Multi Modal Park (Nagpur), a special purpose vehicle launched by DeltaBulk Shipping India. This project will become Maharashtra’s first MMLP under Prime Minister Gati Shakti’s national master plan.
Under the Bharatmala project, NHAI’s National Highways Logistics Management (NHMLL) subsidiary is tasked with developing 35 multi-modal logistics parks across the country, wherever possible with partnerships. public-private work. The government’s contribution in developing these parks is estimated at Rs 50,000 crore.
Nagpur logistics zone is the fifth zone allocated under this plan. In September, the deal was signed for a 400-acre Multi-Modal Logistics Park (MMLP) in Bengaluru at a cost of Rs 1,770 crore.
The others are located in Chennai and Indore. Jogigopa Park near Guwahati in Assam is being built at a cost of Rs 693 crore and is expected to be completed this year.
The development of MMLP is a key initiative of the Government of India aimed at improving the country’s cargo logistics sector by enabling efficient multi-modal transportation of goods to reduce costs and overall transit time, provide efficient warehousing, improve tracking and tracing of shipments, thereby enhancing the efficiency of the Indian logistics industry.
Nagpur MMLP will be developed in three phases. Phase I with an investment of Rs 137 crore is expected to be completed in two years. The site is strategically located, about 3 km from Nagpur – Mumbai Maha-Samruddhi Mahamarg on one side and Howrah – Nagpur – Mumbai railway line on the other side. The 3.0 km rail link from Sindi railway station on the Howrah-Nagpur-Mumbai railway line has largely been completed.
MMLP is also accessible from the four-lane Nagpur–Aurangabad, NH 361. It is 48 km from Nagpur International Airport and 56 km from Nagpur Railway Station.
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