December 13, 2023: The National Highways Authority of India (NHAI) has signed an agreement with DC Multi Modal Park (Nagpur) Limited, a special purpose vehicle of DeltaBulk Shipping India, for the development of a multi-modal logistics park (MMLP) in Nagpur. The park will be developed in an area of 150 acre under a public-private partnership model at an estimated cost of Rs 673 crore. This project is poised to be the first MMLP in Maharashtra under the PM Gati Shakti National Master Plan, making it a significant milestone in the country’s development.
The park will be developed in three phases, with Phase-I with an investment of Rs 137 crore expected to be completed in two years. The MMLP will cater to about 9.47 million metric tonne (MMT) cargo in the horizon period of 45 years and will give huge boost to the industrial zones in the catchment region such as Nagpur, Wardha, Chandrapur and Gondiya. It will create a lot of employment opportunities and bring in economic development in the region.
“The MMLP shall be developed at Sindi (near railway station) in Wadha district of Maharashtra. The site is strategically located at a distance of around 3 km from Nagpur – Mumbai Maha-Samruddhi Mahamarg on one side and Howrah – Nagpur – Mumbai rail line on other side. Rail siding of length 3.0 km from Sindi Railway station on Hawrah-Nagpur- Mumbai rail line is substantially completed. The MMLP is also being provided access from four lane Nagpur – Aurangabad, NH 361. The site is 48 km from Nagpur International Airport and 56 km from the Nagpur railway station,” the road transport ministry said in a statement.
A government SPV, Nagpur MMLP is formed between the National Highways Logistics Management Limited (NHLML), a 100% owned company of the NHAI and the Jawaharlal Nehru Port Authority (JNPA). The JNPA has provided land for development of MMLP & NHLML is providing the external rail, road connectivity as well as water and power supply.
The MMLP will provide facilities such as warehouses, cold storages, intermodal transfers, handling facilities for container terminals, bulk/break-bulk cargo terminals along with Value Added Services such as sorting/ grading and aggregation/ desegregation areas, bonded warehouse and customs facilities as well as support logistics facilities such as offices for freight forwarders and transporters and truck terminals.
Development of the park is a key initiative of the government to improve the country’s freight logistics sector by enabling efficient inter-modal freight movement to lower overall freight costs and time, provide efficient warehousing, improve tracking and traceability of consignments thereby enhancing the efficiency of the Indian logistics sector.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |