Three more logistics parks to be awarded this fiscal
The National Highways Logistics Management Ltd (NHLM), a subsidiary of National Highway Authority of India, will award three more multimodal logitics parks (MMLPs) this fiscal, in addition to one such park being developed in Chennai.
The there new parks to be awarded in 2022-23 will come up in Indore, Nagpur, Bangalore, with investments of around Rs 758 crore, Rs 600 crore and Rs 936 crore respectively. The MMLP in Nagpur will be of 230 acre, Bangalore 400 acres and Indore 300 acres. The bidding for three MMLPs will close by January, the official said.
The government had decided to set up as many as 35 Multi Modal Logistics Parks, at a total capital cost of Rs. 50,000 crore. The plan is to be award 15 of these projects in three years.
